Scopely, the Los Angeles mobile-game publisher, has raised $35 million in a new round of funding. The company will use the money to build out its vision for a mobile-first, “touch-screen entertainment network.”
The funding shows that investors are still bullish about mobile games. Market researcher Newzoo recently said it expects global mobile games to grow from $25 billion in revenue in 2014 to $30.3 billion in 2015, with the dollars eclipsing those generated by console games next year. That’s why you’re seeing deals like this, and it’s why Kentucky Derby owner Churchill Downs bought Big Fish Games, a casual mobile and online game publisher, for up to $885 million yesterday.
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