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The Walking Dead: Road to Survival publisher Scopely raises $60 million

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Scopely, the maker of free-to-play mobile games such as The Walking Dead: Road to Survival, has raised $60 million in a third round of financing. Revolution Growth led the round, and that company’s leaders are former AOL executives Steve Case and Ted Leonsis.

The studio has grown its revenues nine-fold over the past nine quarters, and it will likely use the funds for strategic investments, commercial partnerships, and acquisitions. In June 2016, Scopely raised $55 million in its bid to be a leader in the $46 billion mobile game business.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.