South Korea's Gamevil Launches $10 Million Fund to Find Game Developer Partners
Here’s an interesting trend. Yet another mobile gaming company, Gamevil, has launched a multimillion dollar fund to find small studios to partner with and distribute games on behalf of.
South Korea’s Gamevil said it will invest up to $10 million in external partners to build a strong lineup of smartphone gaming titles. This follows on TinyCo’s move to build out a $5 million fund, Glu Mobile’s $500,000 mobile-social gaming contest and we might throw in Tapjoy’s recent $5 million fund for porting games to Android for good measure (even though they’re not technically a game developer).
To
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in