July 2 (SeeNews) - Turkish mobile games firm Dream Games said it has raised $155 million (130.9 million euro) in a Series B funding round that was co-led by venture capital firms Index Ventures and Makers Fund and valued the start-up at $1 billion.
The funding round, which came just a few months after the mobile puzzle games developer launched its debut game Royal Match, also saw participation from Balderton Capital, IVP and Kora, a press release said earlier this week.
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Royal Match was launched in March, reaching top-20 grossing games in the US, UK and Germany in three months. The game has more than six million monthly active users.
“We are very proud of the early success of Royal Match and will utilise the investment to grow the game everywhere,” the Turkish firm’s co-founder and CEO Soner Aydemir noted in the statement.
The launching of Royal Match in March came along with a Series A fund-raiser that fetched $50 million. The round was led by Index Ventures and also backed by Balderton Capital and Makers Fund, according to a TechCrunch report at the time. It was said to be the biggest Series A so far raised by a Turkish start-up.
($=0.844673 euro)