Supercell Secures $12M for Social Games of the Future
Supercell, a Finish game developer focused on broad scope browser-based social games, has raised $12 million from Accel Partners. Accel is a major tech industry investment firm, and the round represents significant step forwarded for the start-up, founded in June of last year. Existing investors London Venture Partners and Klaas Kersting, founder of German browser-game giant Gameforge and current CEO of Flaregames also invested in the round.
Supercell has only released one game to date, Gunshine, which has been available in a closed beta since February, and is set to hit open beta in the near future.
“Now that the product is about to enter open beta and will become available for everyone to play, the investment will help Supercell accelerate its growth, expand its team and also release new games and target new platforms.”
Kevin Comolli, a partner in the London office of Accel, will join the Supercell Board of Directors. Accel Partners has a history of going after gaming companies, and a portfolio including Angry Birds developer Rovio, Gameforge and MindCandy as well as an investment Playfish led by Comolli.
A lot of startups have been gaining traction lately, both in the game industry and beyond. This seems to be a global phenomenon, and Europe is no exception.
The Aalto Entrepreneurship Society will be holding the Summer of Startups gathering on June 6th at the Aalto Venture Garage. 74 startups applied to present at the event, and 11 finalists were chosen to make a 2 minutes long flash-pitches. The event will also feature case studies and keynotes by executives representing Springtoys, Saraxa Media, Nvidia Finland and others.
Another tech gathering happening around the same time is Startup Weekend, a 54-hour event bringing together individuals working in the startup scene.
Since you’re here …
… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.
If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.