TinyCo secures $20 million financing for development of deeper, larger free-to-play games
Mobile game developer TinyCo has announced it has secured $20 million in financing from Pinnacle Ventures and Andreessen Horowitz, which will help the developer create larger, deeper and better quality free-to-play mobile games going forward. The financing is in addition to the $18 million TinyCo received in 2011.
TinyCo will use this funding to expand its team with more game designers and producers, with a focus on new games that will be released throughout 2014.
“Mobile gamers aren’t stupid – they want more from the market than uninspired clones and low production values,” said Suli Ali, co-founder and CEO of TinyCo, in a company statement. “The only path forward is to produce games that bring something special to the table. That’s why we’ve taken the time to improve our processes and tighten our focus. We have to develop bigger, better games.”
In addition, TinyCo has announced that Mike O’Brien, president and co-founder of ArenaNet and executive producer of the Guild Wars franchise, has joined the TinyCo Board of Directors.
TinyCo’s games, including Tiny Monsters, Tiny Village [pictured] and Tiny Chef, have been downloaded over 85 million times across iOS and Android devices. The company’s Tiny Partners program was unveiled in October 2012, promising developers a 50-75 percent revenue share for users sent to TinyCo’s games through the advertising program.
You can follow TinyCo’s catalog of titles on AppData, our tracking service for mobile and social apps and developers.