Gamasutra: The Art & Business of Making Gamesspacer
arrowPress Releases








If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Investors pour $50M into social/casino mobile game dev Huuuge

Investors pour $50M into social/casino mobile game dev Huuuge

November 27, 2017 | By Alex Wawro




Free-to-play social/casino game studio Huuuge Games confirmed today (via Medium post) that it has raised approximately $50 million from investors in a Series C round of funding.

This may help mobile game devs better understand the state of the industry, as Huuuge's business seems to revolve around mobile F2P slots (pictured) and video poker games.

It's also the studio's biggest fundraising round yet, as it previously raised $4 and $4.6 million, respectively, in a 2015 Series A round and a 2016 Series B round. Most of the funding appears to have come from investors headquartered in South Korea. 

In his Medium post detailing the Series C funding Huuuge chief Anton Gauffin claimed that, while the company grew 900 percent last year and still generated a profit, it needed more funding to ramp up both game development and its marketing efforts. 

 



Related Jobs

Sony PlayStation
Sony PlayStation — San Mateo, California, United States
[04.23.19]

Sr. Manager, Competitive Gaming (North America)
tinyBuild LLC
tinyBuild LLC — Bellevue, Washington, United States
[04.23.19]

Administrative Assistant
War Drum Studios
War Drum Studios — Gainesville, Florida, United States
[04.23.19]

3D Artist
Qualcomm
Qualcomm — San Diego, California, United States
[04.23.19]

PBR Environment Game Artist









Loading Comments

loader image