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Scopely Raises $340 Million in Push to Be a Mobile-Gaming Giant

  • Latest financing round lifts value of startup to $3.3 billion
  • Co-CEO sees no ‘upper bound’ to size of deal company could do

Scopely, the maker of mobile games such as Scrabble Go, Star Trek Fleet Command and Marvel Strike Force, raised $340 million in a new funding round, giving it fresh cash to extend a takeover spree.

The Series E financing, from investors such as Wellington Management, NewView Capital and TSG Consumer Partners, gives Scopely a post-money valuation of $3.3 billion, according to a person familiar with the situation. That’s nearly double its worth earlier this year.