Chop Chop developer Gamerizon raises $5 million to expand series to new formats
Expects to hire 100 staff over 24 months
Montreal-based developer Gamerizon, which is behind the Chop Chop iOS series of games, has announced it's raised $5 million in funding.
The round was lead by Vanedge Capital and included iNovia Capital.
The investment will be used by Gamerizon to increase its headcount, with 100 new hires planned over the next two years, as it looks to expand the volume and scope of its releases.
"We're extremely proud to be associated with such quality investment firms as Vanedge and iNovia as we scale up operations and leverage our Chop Chop franchise over numerous social and mobile platforms including Facebook, iOS, Android and Windows Mobile," said Alex Sakiz, Gamerizon's CEO.
"They bring phenomenal gaming expertise and are established leaders in digital investments."Sharp edge
The Chop Chop games have been downloaded over 15 million times in the span of 16 months, while the company was ranked #32 in our 2011 list of the top 50 best mobile developers.
"We are excited about our investment in Gamerizon. The team has built good momentum and has started to emerge as a pre-eminent developer of mobile games," said Divesh Sisodraker, a partner at Vanedge Capital.
"We have made four investments in our fund, two have been in Montreal, and Gamerizon is our largest investment here to date. We are strong supporters of the digital media industry in Quebec and excited by the depth of talent and number of quality investment opportunities available in the Province."
Potential candidates can contact the company here.