Next Games nets $10 million from existing investors

Newsbrief: Mobile developer Next Games has secured $10 million in funding from existing investors, meaning the studio has now raked in $18 million in external funding since it was founded in 2013. 

The latest funding round was led by regulars IDG Ventures and Jari Ovaskainen, and was also backed by AMC Networks, Lionsgate, Lowercase and IDG Capital,

The cash will be used to fuel the growth of the developer's existing mobile titles, such as Compass Point: West and The Walking Dead: No Man's Land, and will also aid the development of a third unannounced project.