Kiwi scores $15M funding for mobile games development

Kiwi scores $15M funding for mobile games development

07 AUG 2014

Games developer Kiwi secured $15 million in funding, which it said will be used “to invest in its next-generation of cross-platform, AAA mobile titles while continuing to improve distribution and monetisation practices that affect the entire mobile ecosystem”.

The company said that the core of its team have worked together on free-to-play games since 2007, both as independents and as part of larger organisations. It was founded “to capitalise on the rapid growth of mobile platforms with an initial focus on the emerging Android marketplace”.

Kiwi describes itself as “one of only a handful of developers to have multiple Top 100 Grossing games on the Google Play charts, and has achieved five games in the Top 25 Grossing on Google Play”. It was also a pilot member of Facebook’s mobile publishing initiative, and one of the first western partners to partner on South Korea’s KakoaTalk platform in 2013.

The latest funding is its Series B round, and was led by Northgate Capital with participation from DFJ and returning investor Sequoia Capital. Sequoia led the $6 million Series A round.

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Steve Costello

Steve works across all of Mobile World Live’s channels and played a lead role in the launch and ongoing success of our apps and devices services. He has been a journalist...More

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