How Much Did IGG Raise?
Funding & Key Investors

IGG, a prominent operator and developer of mobile games, has secured significant enterprise-level funding, with its total funding reaching $15M. The company recently announced a major strategic investment of $10.5M, underscoring its continued growth and market presence in the competitive gaming sector. This latest capital infusion is expected to fuel further development and expansion initiatives.

What is IGG?

IGG
SoftwareMultimedia, Games & Graphics SoftwareMobile App Development

Founded in 2006 and headquartered in Hong Kong, IGG has established itself as a key player in the mobile gaming industry. The company specializes in the development and operation of mobile games, catering to a global audience. Its strategic positioning in the market allows it to leverage trends and player engagement to drive revenue and expand its portfolio of titles. The company's history of securing substantial investment, including its Series A and Series B rounds, indicates a strong trajectory and investor confidence in its business model and future prospects.

How much funding has IGG raised?

IGG has raised a total of $15M across 2 funding rounds:

2008

Series A

$4.5M

Series B

$10.5M

Series A (2008): $4.5M with participation from IDG Capital Partners

Series B (2008): $10.5M led by Vertex Ventures

Key Investors in IGG

Vertex Ventures

Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators.

IDG Capital Partners

IDG Capital, founded in 1992 and headquartered in Beijing, China Boston, is an investment firm focused on developing companies through private equity, venture capital and mergers and acquisitions.

What's next for IGG?

With the recent major strategic investment, IGG is poised for accelerated growth and innovation. The company is likely to focus on expanding its game development pipeline, enhancing existing titles, and exploring new market opportunities. This capital injection will also support its global expansion efforts, potentially leading to new partnerships and acquisitions. The sustained investor backing signals a strong belief in IGG's ability to navigate the dynamic mobile gaming landscape and achieve long-term success.

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Frequently Asked Questions Regarding IGG Financial Insights

What are the most recent funding rounds that IGG has completed, and what were the funding rounds?
IGG has recently completed 2 funding rounds: Series B on Nov 3, 2008, Series A on Jan 2, 2008.
What is the total amount of funding IGG has raised to date?
IGG has raised a total of $15M in funding to date.
How many funding rounds has IGG completed?
IGG has completed 2 funding rounds.
How much funding did IGG raise in its most recent funding round?
IGG raised $10.5M in its most recent funding round.
Who are the lead investors in IGG's latest funding round?
The lead investor in IGG's latest funding round was Vertex Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in IGG's history?
The largest funding round in IGG's history was $10.5M.
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