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Firefly Games targets Hollywood following $10M investment

L.A. and Shanghai-based mobile developer-publisher Firefly Games has raised $10 million to bolster the development of titles based on Hollywood IPs.

Chris Kerr

August 12, 2016

1 Min Read

Newsbrief: L.A. and Shanghai-based mobile developer-publisher, Firefly Games, has raised $10 million to bolster the development of titles based on Hollywood IPs. 

Speaking to VentureBeat, Firefly founder Michael Zhang said the cash will be used to "diversify and leverage our current strengths into Hollywood IP, VR, and eSports."

Firefly netted $8 million last February to bridge the gap between the East and the West by implenting "proven Western event systems" into its Asian-market ports.

The latest investment values the company, which is less than two years old, at around $100 million. 

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About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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