Rumble Entertainment Closes Asian Publishing Partnership and Investment From iDreamSky
Relationship will bring KingsRoad to Chinese market and fuel new game development for Rumble.
San Mateo, CA, August 17, 2015 (Newswire.com) - Rumble Entertainment, a developer and publisher of innovative mobile games, today announced that it has closed a publishing partnership for its flagship game, KingsRoad as well as a $10M investment with leading Chinese mobile publisher, iDreamSky. Rumble will use the financing and strategic relationships to fuel growth and kick off new game development.
“We are inspired by iDreamSky’s innovation and leadership in the Chinese mobile market and their commitment to the highest quality games globally,” said Greg Richardson, founder and CEO of Rumble Entertainment. “Welcoming iDS as a publishing and strategic partner allows us to capitalize on their Asian market presence and free-to-play expertise, enabling a unique opportunity for us to build global franchises that redefine the video game experience on mobile platforms.”
Founded in 2010, iDreamSky is the largest independent mobile game publishing platform in China, with such hits as Temple Run, Subway Surfers, and Monument Valley.
“Rumble is at the forefront of the industry’s evolution to free-to-play,” said Jeff Lyndon, President of iDS. “KingsRoad is but the first example of the type of innovative, genre expanding games that Rumble is bringing to the market. We’re honored to have been chosen to bring KingsRoad to the Asian market and look forward to working with Rumble on the next chapter of their growth story.”
KingsRoad is available on Facebook and RumbleGames.com and launched in December 2014 on iPad and April 2015 for iPhone. The action RPG will debut on Android devices in early September. KingsRoad’s real time multiplayer action and deep RPG experience are wholly unique to mobile platforms, a position that has helped the game receive Apple’s Editors Choice Award as well as a position among the top grossing games on iOS in 62 countries.
Rumble is led by an accomplished group of industry veterans with deep social games and publishing expertise spanning the gaming world, from critically-acclaimed MMOs and console games to hit social and mobile titles.
For more information, please visit http://www.rumblegames.com.
iDreamSky, headquartered in the Nanshan District of Shenzhen China, is dedicated to delivering fun and engaging mobile games and entertainment to users through its role as a game publisher. In August of 2014, iDreamSky conducted an initial public offering on the Nasdaq Global Select Market and raised a total of 115.5 million U.S. Dollars. Revenue for the first quarter of 2015 totaled $60 million, with a 28.1% market share on user scale, remaining in the leading position for China’s mobile game market.
About Rumble Entertainment
Rumble Entertainment, headquartered in San Mateo, Calif., is dedicated to building the most entertaining and innovative mobile F2P games in the world. The team is comprised of talented creators that believe in a customer-led approach to delivering great games. Learn more at http://www.rumblegames.com.
Marketing, Rumble Entertainment