Accel-backed Jetapult invests $4.5M in Saudi Arabian game studio UMX
UMX, a game studio based in Saudi Arabia, has raised $4.5 million from Jetapult, an investment company backed by Accel Partners. Jetapult, an India-based...
SoftBank investment values Clash of Clans maker Supercell at astonishing $5.5B
SoftBank recently paid $1.2 billion to get an additional 22% stake in Supercell.
Samurai Siege developer Space Ape Games raises $7M in latest funding round
Space Ape is also revealing its next game for mobile.
Germany's Flaregames raises $12.2M for free-to-play mobile games
Klaas Kersting, former head of Gameforge, raises a second round of funding for mid-core mobile games.
Halo game creator raises $5M for Industrial Toys game startup
Accel funds Bungie's founder to complete Midnight Star shooter game on tablets.
The DeanBeat: After Zynga’s crash, game investments dive 42 percent in 2012
Game investments were red hot in the first half, but slowed after Zynga's sinking market value crushed valuations.
Jason Citron’s Phoenix Guild prepares for the post-PC world of gaming
Jason Citron's latest venture, Phoenix Guild, lands funding, plans to build hardcore social games for tablets in the "post-PC world."
Israel’s Dragonplay raises $14M for free-to-play mobile social games
Israeli social and mobile game startup Dragonplay has raised $14 million in a first round of funding. The investors are Accel Partners, Entrée Capital, and...
Angry Birds Space introduces the age of the mobile game blockbuster
With 10 million downloads in three days, Angry Birds Space has vaulted the mobile-game business into the stratosphere of bona fide entertainment blockbusters. It’s...
DeanBeat: Game companies raised a record-breaking $1.54B in 2011
Game fundings destroyed the record book for fundings this year as 145 companies raised more than $1.540 billion in 2011, not counting initial public...