Flaregames, a Karlsruhe, Germany-based mobile gaming company, raised €9M ($12.2M) in Series B funding.
Backers included current investors Accel Partners and T-Venture, with additional participation from an unnamed investor.
The company, which has now raised €17m ($23.2M), intends to use the funds to scale the company, to hire additional senior personnel (http://flaregames.com/jobs/), and to market its free-to-play games for mobile devices.
Led by Klaas Kersting, CEO and founder, flaregames has released BraveSmart two years ago (in May 2012) and built a major mobile games franchise with the Royal Revolt series. The latest title, Royal Revolt II, was released in February 2014 and accumulated 1.5 million downloads on iOS and Android within the first ten days.
FinSMEs
06/06/2014