Mobile gaming company Scopely raises $60M


Scopely just announced that it has raised $60 million in Series C funding.

The round was led by Revolution Growth, a firm led by former AOL executives Steve Case and Ted Leonsis (AOL owns TechCrunch), which targets startups outside Silicon Valley and New York. (Scopely is headquartered in Los Angeles.) Revolution’s Donn Davis is joining Scopely’s board of directors, while Greenspring, Sands Capital Ventures, Cross Creek Advisors and Pritzker Group Venture Capital also participated in the new round.

Scopely has built a platform for promoting and monetizing mobile games, whether developed in-house or by third-party studios. Its titles include The Walking Dead: Road to Survival, Wheel of Fortune Free Play and WWE Champions. The company says it reaches more than 125 million players,…

Read Story