Second Dinner Raises $100M in Series B

Second Dinner has successfully raised $100M in a Series B at a $500M valuation led by Griffin Gaming Partners, NetEase.

Company Overview

Second Dinner is a Gaming company headquartered in Irvine, CA, founded in 2018 with 120+ employees.

Mobile game development studio

Fundraising Details

• Amount Raised: $100M
• Round Type: Series B
• Valuation: $500M
• Date: 2024-08-22
• Investors: Griffin Gaming Partners, NetEase

About Second Dinner

Mobile game development studio The company is positioned in the Gaming sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Irvine, CA
• Founded: 2018
• Team Size: 120+
• Industry: Gaming

What This Means

This funding round demonstrates strong investor confidence in Second Dinner'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. Second Dinner's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $500M valuation marks an important milestone for Second Dinner, positioning the company among notable players in the Gaming industry.

Looking Ahead

With this new capital, Second Dinner 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.

This fundraising news was reported on 2024-08-22. For more information about Second Dinner, visit their headquarters at Irvine, CA.