Arkadium, the creator of the world’s largest library of casual games, announced today that after 12 years of profitable organic growth, it accepted a $5mm Series A minority investment from Edison Ventures. The company, which has a partnership with Microsoft Studios and has developed many of the top titles on the new Windows 8 operating system, will use the growth capital to increase the number of titles it develops and expand its proprietary online distribution network. Over the next three years, Arkadium expects more than doubling its staff worldwide.
“Since the beginning of Arkadium in 2001, our approach to responsible, managed growth has allowed us to maintain our position as a stable and profitable game development studio. Through market and industry volatility, we have come closer to our goal of becoming the world’s top casual game studio,” said Jessica Rovello, President of Arkadium. “We spent years refining our development strategy across multiple platforms, most recently Windows 8. With this Series A investment from Edison Ventures, we can continue our strategy of developing the best cross-platform casual games, but at an accelerated pace,” said Kenny Rosenblatt, CEO of Arkadium.
“It’s rare to find a high-growth technology company that has been able to make Arkadium a success without ever raising capital,” said Ryan Ziegler, Edison Ventures’ interactive marketing and digital media practice leader. “The cross-platform capabilities of Arkadium and its unified infrastructure enable the efficient production of the best in class gaming content. We’re excited to partner with an emerging market leader Demand and market opportunities for innovative content and enhanced user experience are endless. “That’s right.
Arkadium has some of the best games on the web, mobile devices, Facebook and the Windows Store, including Taptiles®, Microsoft Solitaire Collection, Microsoft Mahjong and Mahjongg Dimensions Blast. Arkadium games have been played billions of times worldwide on the Company’s proprietary Arena Distribution Network.
About the Arcadium
Arkadium, the creator of the world’s largest library of casual games, has been a prominent game development studio for over 12 years. Whether with cards, cubes or an occasional monkey, the company offers fun and addictive gameplay for all demographics. Their easy-to-play, hard-to-release games include the hits Taptiles®, Sparks, Trizzle, Mahjongg Dimensions and countless others. Every month, more than ten million consumers worldwide enjoy Arkadium games on the Internet, mobile devices, Facebook and Windows 8.
Arkadium has also pioneered the launch of hundreds of games through its partnership network of brand and publisher sites, including MSN, CNN, The Washington Post, AARP, Discovery and many others. The company is a comScore top 20 game distributor with its Arena product, a white-label casual game solution that can be seamlessly integrated into any web or mobile property. Arkadium is based in New York City, with offices in Canada and Ukraine. Visit http://www for more information The Arcadium Come or follow us on Twitter @Arkadium
About the Ventures of Edison
Established in 1986, Edison partners with entrepreneurs, service providers and other sources of financing to build successful companies. Edison provides capital and value-added services to the expansion phase of IT business. Initial investments range from $5 million to $10 million Edison is typically the sole or leading investor In addition to providing expansion capital, Edison funds manage purchases, recapitalisations, spin-offs and secondary stock purchases.
Edison Investment Professionals are based in New York, NY, Lawrenceville, NJ, McLean, VA, Needham, MA, and Cleveland, OH. Industrial specialties include Interactive Marketing and eCommerce, Financial Technology, Healthcare IT and Enterprise 2. 0 No. Edison’s successes include Best Software, Dendrite, Gain Capital, Liberty Tax, Magnetic, MediaBrix, M5, Mathsoft, Neat, NetProspex, Octagon, Operative, PlumChoice, Tangoe, Virtual Edge, Visual Networks, Vocus and many other information technology leaders with a combined market value of more than $5 billion. Edison Ventures currently manages more than $700 million and is actively making new investments. For more information on Edison Ventures, please visit
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