Playdek Announces $3.8 Million In Series A Funding

FOR IMMEDIATE RELEASE:

Carlsbad, CA, March 28, 2013 -- Playdek, an award-winning digital tabletop gaming publisher and developer, announced today that it has raised $3.8 million in Series A funding led by Qualcomm Incorporated, acting through its venture investment group, Qualcomm Ventures, along with investment from IDG Ventures and ff Venture Capital. Playdek saw additional participation from existing investors Deep Fork Capital, Greycroft Partners, Jarl Mohn and angel investors. These investments will expand Playdek’s ability to launch the best in class digital hobby games such as its next highly-anticipated app Agricola, as well as develop a hobby gamer community and online platform.

Based on the award-winning strategy board game, Agricola has long been the gold-standard in table top games. With Agricola, Playdek is set to establish a new bar for digital hobby games. Playdek also recently announced a new partnership with Wizards of the Coast, producers of the legendary board game series Dungeons & Dragons, to bring the company’s amazing games to the iPhone, iPad and iPod touch.

“This infusion of capital will allow Playdek to continue our mission of bringing the best tabletop games to digital platforms,” Joel Goodman, CEO, Playdek. “We are also able to advance our lead in the market by building and launching our online hobby games platform, giving gamers that ‘around the table’ feeling in the digital realm.”

Launching later this year, the Playdek hobby gamer community will provide the services that hobby gamers value, tying Playdek’s digital table top games together. Playdek’s community platform will offer events and tournaments and give gamers a greater ability to connect and engage with like-minded individuals.

“Playdek’s ability to forge relationships with the best tabletop gaming producers and transform these well-loved board games into innovative and outstanding digital games for mobile devices positions the company for continued success,” said, Nagraj Kashyap, senior vice president of Qualcomm Ventures. “In a little over a year, Playdek has established themselves as the market leader in tabletop gaming, and with the new community they are developing, the potential for growth is impressive.”

“IDG Ventures is pleased to help fuel Playdek’s continued success,” said Phil Sanderson, Managing Director, IDG Ventures. “The market category is poised for growth, and Playdek has proven that it is the expert when it comes to bringing this dedicated audience what they want in mobile gameplay.”

"Playdek gives gamers what they want -- compelling online games based on the franchises they know and love.  Playdek allows people to explore these worlds and stories in a compelling new way,” said John Frankel, ff Venture Capital. “We love the team, the strategy, and what they have done to date; we expect great things from them in the future." 

Playdek is known for its award-winning games for iPhone, iPad, and iPod touch such as Ascension and Summoner Wars. Agricola, the award-winning and much-loved strategy game, will be Playdek’s eighth title. Upcoming apps based on Wizards of the Coast’s games will be announced in the future.

About Playdek, Inc.

Playdek is a premier developer, publisher and platform for the world’s best tabletop gaming. Winner of Boardgamegeek’s Golden Geek award for Best Mobile/Handheld game (2011, 2012) and Pocket Tactics “Publisher of the Year” (2012), Playdek brings the best of hobby gaming to digital.  Watch our webpage and facebook for news on our upcoming major release: Agricola.

www.playdekgames.com | facebook/playdek | twitter/playdek

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Media Contact:

Nina Ronstadt

Ronstadt & Associates PR

(619) 224-3186; nina@ronstadtpr.com

 


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