The funding comes ahead of an expected initial public offering and featured Tencent, Netmarble Games, Actozsoft and Bluehole Studio.
Kakao Games, a games developer spun out from South Korea-based messaging firm Kakao, has raised $130m in funding from investors including internet group Tencent, TechCrunch reported today.
Tencent participated through two unnamed subsidiaries and was joined by mobile game publisher Netmarble, game development studios Actozsoft and Bluehole, and mergers and acquisitions fund Premier Growth.
Nikkei Asian Review placed the size of Tencent’s commitment at $46.4m but reported that only one unit of Tencent took part in the deal.
Kakao Games…
