PopReach Closes Investment Round

DDM’s Finance Services group is proud to announce that PopReach has closed its $5M CAD strategic investment by Alibaba’s Global Investment Arm.

PopReach is a free-to-play mobile game publisher focused on acquiring and optimizing proven game franchises. The PopReach team is assembled from talent behind wildly successful mobile titles. The company has acquired twelve successful franchises, including Smurfs’ Village (IP under license), Kitchen Scramble, Gardens of Time, City Girl Life, War of Nations and Kingdoms of Camelot. With this investment, PopReach now has key support for its global expansion goals.

“We greatly appreciate DDM’s instrumental role in bringing us together with the Alibaba Global Investment Arm. This is an important strategic investment for PopReach and John Sutyak, our lead consultant for this effort, plus the rest of the DDM team were top-notch,” said Jon Walsh, CEO of PopReach.

See the announcement and press here and here.