Scopely, a US-based interactive gaming network operator backed by games publisher Take-Two Interactive and media company Chernin Group, has secured $60m in a series C round led by growth capital firm Revolution Growth.
Greenspring Associates, Sands Capital Ventures, Cross Creek Advisors and Pritzker Group Venture Capital also invested in the round. Donn Davis, managing partner at Revolution Growth, will join Scopely’s board of directors.
Scopely has built an interactive mobile gaming network with more than 125 million users, and has so far developed nine games for the platform. It will put the capital toward strategic investments, acquisitions and commercial partnerships.
The round brought the company’s total funding to $159m, and comes after it raised $55m in a July 2016 round that included Take-Two Interactive and Evolution Media Partners (EMP), the fund backed by talent agency Creative Artists Agency and production company Participant Media.
Venture capital firm Greycroft Partners led the 2016 series B round, which also featured Sands Capital Ventures, Elephant Partners and Highland Capital.
EMP, Greycroft, Highland and Sands Capital also took part in Scopely’s $35m series A round in 2014, which included Chernin Group, Knoll Ventures and Double M Capital.
Chernin Group, Greycroft and Sands Capital had previously contributed to the company’s $8.5m seed round two years earlier, investing together with Anthem Venture Partners, New Enterprise Associates, Lerer Hippeau Ventures, Red Swan Ventures and various angel investors.
Scopely CEO Walter Driver said: “Scopely’s new $60m series C financing is a great validation of the company’s momentum over the last year and because the company has already reached profitability this capital infusion will enable us to expand the business through inorganic means while we continue to execute on our path of organic growth in parallel.”