Arkadium Closes $5M Series A Funding from Edison Ventures
Summary
Arkadium, a New York City-based creator of a large library of casual games, closed a $5m Series A funding from Edison Ventures.The company intends to use the capital to increase the number of titles it puts into development and expand its proprietary online distribution network.It plans to more than double its staff worldwide over the next three years (read here).Led by Jessica Rovello, president, and Kenny Rosenblatt, CEO, Arkadium develops casual games Titles include Taptiles®, Sparks, Trizzle, Mahjongg Dimensions and others.The company, which has a partnership with Microsoft Studios, has offices in Canada and Ukraine.
Funding
Amount
$5.0M
Total raised
Date
March 14, 2013
Announcement date
Investors
-
Lead investors
Company
http://www.arkadium.com
Funded company
Classifications
industries
Entertainment
applications
AI & Machine learning
AskAI Classifications
Labels
Game Development Software
SaaS
Developer Tools
Linked Companies
Arkadium
$10M to $25M