Top App Games earmarks latest fundraise for new games

Top App Games announced today that it has raised $10 million in funding from investors, which it plans to use for two separate pursuits: Refining and improving its hit mobile game Ludus: Merge Arena and building new titles. According to Top App, this fundraise builds on one it received earlier this year from Vladimir Nikolsky of Utmost Games.

Ludus: Merge Arena, Top App’s mobile strategy RPG, has reached several milestones of success recently, including reaching 3 million downloads and $2 million in monthly revenue. In revenue, says Top App, the game grew its daily active userbase by 50%. Part of the $10 million will go towards refining the Ludus user experience and rolling out fresh content.