Scopely Raises $340M in Debt
Scopely has successfully raised $340M in a Debt led by TPG Capital.
Company Overview
Scopely is a Gaming company headquartered in Culver City, CA, founded in 2011 with 1000+ employees.
Mobile games developer
Fundraising Details
- Amount Raised: $340M
- Round Type: Debt
- Date: 2024-04-18
- Investors: TPG Capital
About Scopely
Mobile games developer The company is positioned in the Gaming sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Culver City, CA
- Founded: 2011
- Team Size: 1000+
- Industry: Gaming
What This Means
This funding round demonstrates strong investor confidence in Scopely's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Gaming sector continues to attract significant investment as companies innovate to meet evolving market demands. Scopely's successful fundraising reflects the strong fundamentals and growth potential in this space.
Looking Ahead
With this new capital, Scopely is well-positioned to execute on its growth strategy and continue building innovative solutions in the Gaming space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-04-18. For more information about Scopely, visit their headquarters at Culver City, CA.
