Scopely raises $340 million at $3.3 billion valuation.

Katherine Bateman Scopely, Uncategorized

Scopely raises $340 million at $3.3 billion valuation as mobile games thrive during pandemic

Scopely, the publisher of games like Star Trek: Fleet Command and Marvel Strike Force, has raised $340 million to continue its mobile growth plans as players embrace games during the pandemic.

The deal values Scopely at $3.3 billion (according to a source close to the matter), post-money, and it gives the company a war chest so that it can continue to make big acquisitions like the purchase of FoxNext Games last January from Disney. It also shows that some big, experienced investors are willing to double down on games as they become a giant industry in the midst of COVID-19.

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