Mobile game publisher Scopely has raised $200 million in a fourth round of funding so that it can have a war chest for acquisitions and investments.
Scopely said it is profitable and growing, but it will use the money to accelerate its merger and acquisition (M&A) and investment strategy, expanding its portfolio of games across new genres and intellectual property. The deal values the company at more than $1.7 billion, more than double compared to a year ago.
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