London Venture Partners related stories
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- Red Robot Labs Buys Supermono
Palo Alto, Calif.-based mobile gaming company Red Robot Labs has acquired British gaming company Supermono Studios. Terms of the acquisition were not released. Red Robot is backed by $8.5 million in Series A funding from investors including Benchmark Capital, Shasta Ventures and Playdom co-founder Rick Thompson.
- Finnish Gaming Startup Supercell Bags $12M from Accel, Others
(Reuters) - Finnish online startup Supercell, which merges social games with elements from traditional console titles, has raised $12 million from venture capital firm Accel Partners and others. The 11-month old company -- which released its first offering, Gunshine.net, to the public this week -- builds free games which can be played directly from an internet browser without additional downloads. "The investment will help Supercell accelerate its growth, expand its team and also release new games and target new platforms," it said on Wednesday. Founders include Ilkka Paananen, a longtime director at mobile gaming firm Digital Chocolate, and former staff from established gaming companies like Remedy and Sulake. "This is a phenomenal team. We agree with their vision of