Korean game development studio Playnery has secured $3.7m in funding led by Japanese corporate venturing unit, SoftBank Ventures, to develop social gaming.
US-based semiconductor company Qualcomm and venture firm Stonebridge also joined in with the latest round of funding. Playnery recently announced a partnership with Zynga which is set to see their upcoming game opened up to hundreds-of-millions of online players. The Mother of Myth mystical adventure title which was developed by the Korean software studio will be launched next year and is set to become the latest RPG to utilise the Zynga Platform which is currently used by 311m active monthly players.
SoftBank Ventures’ Seo Il-shik, according to news provider Tech in Asia, said: “In the future we predict that the social and mobile market will break off from the casual gaming seen up until now, and achieve rapid growth with the diversification of genres such as MORPG, MMORPG, and FPS.
Il-shik added: “When various user groups form and the market grows rapidly, we expect that Playnery will become a successful game developer through high quality games and global partnerships.”