Arkadium closes $5M in Series A funding

Casual game developer Arkadium today revealed it has accepted $5 million in Series A minority investment from Edison Ventures. The company says it will use the new funding to increase the number of titles it develops and expand its proprietary online distribution network.

Currently, the company has 150 employees between its offices in New York, Toronto and Ukraine, and it plans to double that number in the next three years.

This is the first major investment Arkadium has announced since the company was founded in 2001.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in