Andre Yoskowitz
30 Mar 2013 12:16
Supercell, the new hot gaming startup out of Finland, has raised $100 million, with a valuation of $625 million.
The company makes two games currently, Clash of Clans and Hay Day, both available for iOS. The games have been wildly successful, making about $1.3 million per day.
Supercell raised the $100 million by selling 16 percent of their outstanding shares. According to Crunch, the new investors are Institutional Venture Partners, Atomico and Index Ventures.
Accel Partners already has a 21.6 percent stake in the company, which they purchased for $12 million in 2011 before the games company even had any hits.