The German mobile game development studio Flaregames announced that it has closed another round of attracting investments in the amount of $ 12.2 million.
The total amount of investments in the company reached $23.2 million.
The company received the last money from investors in early 2012 (then in Feral the company received $7.9 million and in April another $2.63 million). At that time, the company released only match 3 about the Scotsman and the sheep BraveSmart.
Since then, the company has tripled, acquired a new office, grown to monthly revenue of more than one million euros, and also launched a relatively powerful brand Royal Revolt.
The investors were Accel Partners, T-Venture and another company that wished to remain “in the shadows”.
A source: http://www.pocketgamer.biz