Scopely raises $340 million to forge new partnerships in mobile games

Scopely has raised $340 million through a Series E funding round, cash the prolific mobile game company plans on using to expand its reach in the space, particularly in the West.

According to statements put out by Scopely's CEO duo of Javier Ferreira and Walter Driver, that future growth looks to take the form of both new partnerships as well as further mergers & acquisitions and, like past Scopely endeavors, won't be limited to a single genre as it continues to eye new product categories.

"We are at the cutting edge of an industry that continues to grow and evolve at an exciting pace," reads a statement from Ferreira.

"Our technology platform, market-leading studio ecosystem, and world-class team have empowered us to build one of the most diversified portfolios in mobile games today and develop deeply rewarding, multiyear relationships with our players," continues that statement. "We intend to use our significant resources and this new inflow of capital to partner with like minded teams and creators who want to shape the future of ‘play’ and, together, continue to build a unique company in the gaming space.”