Well played! Finnish money machine Supercell rakes in $1.5B from SoftBank and GungHo

Gigaom

The Finnish mobile gaming company Supercell has sold a 51 percent stake for a gobsmacking $1.5 BILLION, mere months after it raised $130 million in venture capital funding. The latest money comes from Japan, specifically the telecoms firm SoftBank (the owner of U.S. carrier Sprint) and the locally huge gaming outfit GungHo.

Supercell is the company behind the hit games Clash of Clans and Hay Day, which rake in an astonishing amount via the magic of in-game purchases – back in April, shortly after the last funding came through (from Index Ventures, Atomico Partners and Institutional Venture Partners, at a valuation of $770 million), the estimate was $2.4 million per day.

In a blog post on Tuesday, CEO Ilkka Paananen said the fresh funding would help Supercell become the “first truly global games company,” by which he largely means big in both the West and the East.

Over to…

View original post 233 more words

Advertisements

About Tom105

am real
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s