US-based mobile games developer Scopely has raised $35m in a series A round featuring media and entertainment platform Chernin Group and corporate-backed joint venture Evolution Media Partners.
Evolution Media Partners, a joint venture formed by film and television production company Participant Media, private equity fund TPG Growth and investment bank Evolution Media Capital, co-led the round with Highland Capital Partners. Knoll Ventures, Greycroft Partners, Sands Capital Ventures and Double M Capital also participated.
Scopely previously raised $8.5m in a September 2012 seed round featuring Chernin, Greycroft, New Enterprise Associates, Lerer Hippeau Ventures, Anthem Venture Partners, Red Swan Ventures, Sands Capital and a host of angel investors.
The company will use the latest funding to develop more games and establish the touchscreen entertainment network it has developed.
Scopely operates a platform that publishes games developed both in-house and by outside developers. The platform, which covers services ranging from distribution to player growth and monetisation, has reached a user base of more than 35 million players.
Rick Hess, co-managing partner at Evolution Media Capital and Evolution, said: “Scopely is in a unique position to emerge as a leading network for touchscreen entertainment.
“As we look at the new media space, Scopely stands out with its stellar team, successful games and ability to bring hot entertainment franchises to mobile.”