Pocket Gems, the game developer company has announced that it has closed the A round of funding with a disclosed amount. The investment has come from the China based Tencent.
According to a few reliable sources, Pocket Gems has raised $60 million for 20 percent stakes. The money will be used to expand globally including in China.
Pocket Gems has recently launched War Dragons Title which was aimed at the hard core gamers. The company, however is very satisfied with the performance claiming that the game has been downloaded for over 200 million times already.
We’re thrilled to be partnering with Tencent, whose unparalleled strength in games publishing and operations in China will help us create great mobile games and entertainment for players globally,” said Pocket Gems CEO Ben Liu in the funding release.