And today it’s announced a $200 million Series D round led by NewView Capital that gives it a valuation of $1.7 billion (joining a small group of Los Angeles-based unicorns).
The round brings Scopely’s total raised since its inception in 2011 to $458.7 million, according to Crunchbase data.
NewView Capital Managing Partner Ravi Viswanathan said Scopely will use its new capital to up its M&A and investment strategy.
According to Viswanathan, it’s produced six games in a row that have reached $100 million in gross revenue, which he said “is pretty astounding.”
“Gaming is a massive market, worth over $130 billion, and mobile gaming is the fastest-growing piece of it, representing about half,” Viswanathan said.
“We decided to lead this round with a much bigger investment,” Viswanathan said.