Space Ape Games, a London, UK-based mobile games developer, raised $7m in funding.
The round was led by Northzone with participation from Accel Partners, Initial Capital and Connect Ventures.
The company, which has raised $11m to date, intends to use the funds to increase marketing capabilities and accelerate hiring plans, with up to 30-40 hires on the cards in the next 6 months.
Founded in 2012 by John Earner, CEO (ex-Playfish, PlayStation), Toby Moore, CTO (ex-Mind Candy) and Simon Hade, CFO/COO (ex-Electronic Arts, Skype), Space Ape Games is the developer behind Samurai Siege (which has achieved over $20m in aggregate revenue, and over 10 million downloads since its launch just over a year ago) as well as just launched Rival Kingdoms: Age of Ruin (to pre-register for Rival Kingdoms: Age of Ruin visit: www.rivalkingdoms game.com).
In addition to the funding, previous board observer, Jeppe Zink of Northzone will join Space Ape’s Board, whilst former Zynga and Electronic Arts EVP Barry Cottle will take up an advisory role. Finally David Gardner OBE joined the Board in an advisory capacity.
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FinSMEs
04/12/2014