Quoth the raven, “Give me more.”
PlayRaven announced today that it secured a $4.1 million extended seed investment round, which it finalized Nov. 18. This brings the Finnish mobile developer’s total funding since 2013 to $7.5 million. Among the investors are Northzone, Creandum, and London Venture Partners. This will enable the studio to bolster its shot at breaking into the lucrative mobile gaming market, which could hit $25 billion in worldwide revenues by the end 2014, according to market researcher Newzoo. It would have to compete with notable mobile developers like Supercell, Rovio, and King.
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