Cerberus Interactive secures $1.75m for location-based augmented reality games
Summary
Texas start-up Cerberus Interactive has raised $1.75 million in investment to develop location-based augmented reality mobile games. The funding round was led by Mobilityware, Reddit CEO Steve Huffman and TikTok CBO Blake Chandlee. The title tasks users with building and improving their environment, and attacking and defending against enemies while collecting armies around town. The game is currently in soft launch and is available in numerous countries including Australia, New Zealand, Canada, Iceland and Sweden. Sensor Tower estimates that the China-only release has bagged $50 million in player spending on iOS, a figure that does not include sales from third-party Android stores.
Funding
Amount
$2.5M
Total raised
Date
August 28, 2019
Announcement date
Investors
Sensor Tower
Lead investors
Company
https://www.cerberusinteractive.com/
Funded company
Classifications
industries
No industries detected
applications
Anti Piracy
AskAI Classifications
Labels
SaaS
Market Intelligence Software
Digital Analytics
Linked Companies
Sensor Tower
$1M to $5M