Thursday, November 13, 2014
Scopely Secures $35M
Los Angeles-based Scopely, which is led by Walter Driver, has raised a big, $35M funding round, the company said this morning. The funding was led by Evolution Media Partners, the joint venture created by TPG Growth, Participant Media, and Evolution Media Capital and Highland Capital Partners, and also included Knoll Ventures, Greycroft, The Chernin Group, Sands Capital Ventures and Double M Capital. Scopely said it will use the funding to expand its entertainment network, its lineup of mobile games, and more. Rick Hess of EMC/Evolution and Andy Hunt of Highland Capital Partners/Warby Parker will join the company's board of directors. Scopely is run by a number of Silicon Beach startup veterans, including Driver, plus Applied Semantics co-founder Eytan Elbaz.