Arkadium Raises $5 Million
Arkadium is a game development company that has been bootstrapping for around 12 years. Arkadium has raised $5 million in Series A investment from Edison Ventures. Arkadium partnered with Microsoft Studios last year and has been expanding their games to Windows 8 as a result.
Arkadium will be using the funding to accelerate their efforts on Windows 8 and increase development of cross-platform games. They will also expand their distribution network and double their staff worldwide over the next 3 years.
“Since Arkadium’s inception in 2001, our approach to responsible, managed growth has allowed us to maintain our position as a steadfast and profitable game development studio. Through market and industry volatility we’ve gotten closer to our goal of becoming the top casual game studio in the world,” stated Arkadium president Jessica Rovello.
Some of Arkadium’s top games include Taptiles, Microsoft Solitaire Collection, Microsoft Mahjong, and Mahjongg Dimensions Blast.