What is King?
King is a leading interactive entertainment company focused on the mobile gaming market. As of the second quarter of 2019, the company reported 258 million monthly active users across web, social, and mobile platforms. King has developed over 200 exclusive games, enjoyed worldwide through its own platform, king.com, and major distribution channels including Facebook, the Apple App Store, Google Play Store, Microsoft Windows App Store, and Amazon Appstore. The company's extensive game library and massive user base position it as a dominant force in the casual gaming industry.
How much funding has King raised?
King has raised a total of $499.5M across 1 funding round:
Stock Offering
$499.5M
Stock Issuance/Offering (2014): $499.5M, investors not publicly disclosed
What's next for King?
The recent major strategic investment, alongside the substantial total funding of $499.5M, indicates King is in a scaling phase, likely focusing on expanding its game development pipeline, enhancing user engagement strategies, and potentially exploring new market segments or intellectual property acquisitions. This capital will be instrumental in maintaining its competitive edge against a backdrop of rapid innovation and evolving player preferences in the interactive entertainment landscape. King's strategic financial maneuvers suggest a commitment to sustained growth and market leadership.
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