Another mobile developer has had a successful funding drive.
Innospark, which is based in Seoul, has raised $6.5M in Series B Funding. Innospark will use the new funds to invest in further game development and to grow its team.
Innospark has developed mobile games like Hero Sky: Epic Guild Wars and Dragon Friends: Green Witch. According to a press release sent to GamesBeat, Innospark’s Rule the Sky generated $50 million in revenue. Consumers spend $30 billion on the whole mobile industry annually.
Those who gave to the funding drive include venture capital firm Keytone Ventures, SL Investment, and Company K Partners Limited.