Friday, March 11, 2011

Rovio, the inventor of 'Angry Birds', raises $ 42 million

The Finnish software developer Rovio, inventor of the famous game for mobile phones Angry Birds, announced Thursday, March 10, he had raised $ 42 million (30.5 million euros) to finance its expansion. "We will strengthen Rovio position and continue to extend our franchises in games, merchandising and media ", welcomed the chief and cofounder of Rovio, Mikael Hed, in a statement.

These funds were raised by the Intermediate Corporate venture capital firm Accel Partners and Atomico Ventures, with participation of Felicis Ventures. The small company Rovio has gained worldwide recognition a year ago by Angry Birds, a game for smartphones in which players catapult Bird cartoon strongholds held by pigs green egg thieves.

In total, 75 million players have been seduced by the "angry birds. With its fundraising, the company will be able to continue to decline his mark. Rovio has created several products, including stuffed toys, a cartoon is coming, and a version adapted to the social network Facebook is planned.

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