Kwalee invests €1.5m in mobile studio 8SEC
Summary
Kwalee has announced that its taken a stake in French mobile studio 8SEC following a 1.5 million investment.Kwalees CFO Matthew Farrow and its VP of mobile publishing John Wright will also be joining 8SECs board.The company will remain independent and continue operating from its two studios, in Paris and Lyon.8SEC specialises in "hybrid casual" mobile titles, which it described as "easy to pick up but designed for long-term play with revenue from a mix of ads and in-app purchases. "Its released over 90 titles since its inception in 2015, including Trivia.io, Hero Squad and Idle Army.Kwalees CEO David Darling commented: "Were delighted to invest in talented game studios like 8SEC, expand our reach in the market and collaborate to help them reach even greater success. "8SEC are renowned for their high quality of production and development and are proven global chart toppers. They align perfectly with our mission of making the most fun games for the worlds players and were excited to support them with the data driven methods we use to scale games globally."