Flaregames, $12.2M for free-to-play mobile games

Germany's Flaregames raises $12.2M for free-to-play mobile games | GamesBeat | Games | by Dean Takahashi: ".... Flaregames will use the money to hire people and market the company’s upcoming free-to-play games. The company has already released BraveSmart, a mobile game that debuted in May 2012. Since then, the company has grown revenues to seven figures per month and launched its Royal Revolt mobile game series. The latest title, Royal Revolt II, debuted in February and reached 1.5 million downloads on Android and iOS within the 10 days. That made the game profitable...." (read more at link above)

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