Monster Legacy developer Outplay closes $5M funding round

The games are “free to play,” but they cost a hell of a lot to make.

To help with that, mobile game developer Outplay Entertainment has raised $5 million in its latest funding round. Oxford Capital led the investment, which also saw participation from venture firm Pentech and the Scottish Investment Bank. Outplay specializes in free-to-play apps for iOS and Android, and it has its headquarters in Dundee, Scotland — the city where Grand Theft Auto developer Rockstar North got its start. Mobile apps generated $16 billion in revenue last year, and Oxford sees Outplay as a good way to capture a piece of that.