LuckyFish Games, which develops chance-based social games for mobile devices and social networks, has closed $1.6 million in Series A funding from Carmel Ventures. Carmel Ventures general partner Daniel Cohen will join LuckyFish Games board. This is the first investment by Carmel Ventures in this area.
LuckyFish Games, which recently launched its first collection of social games, OMG! Fortune, on Facebook, is a pioneer in creating content which combines unique fortune games with casual gaming mechanics together with traditional fortune games in social media.
The company, with 22 live games to date, is based in Ramat Gan and was founded at the end of 2012 by CEO Roi Fishman, formerly from online gaming company 888 Holding plc (LSE:888). LuckyFish has 200,000 daily active players, close to one million monthly active players, and is growing rapidly. The company has already started recording revenue.
In addition to its Facebook platform activity, LuckyFish will launch an Android version of OMG! Fortune in the coming days and an iOS version by next month.
Fishman said, "This funding will allow us to capture the rapidly evolving opportunity in the growing market of social gaming as a whole and social fortune games in particular. We are excited about the coming launch of our Android and iOS game versions and the rapid growth of our community of fans."
LuckyFish has twelve employees in Ramat-Gan, Israel and additional staff in Eastern Europe. LuckyFish is planning to double its team in the coming year.
Published by Globes [online], Israel business news - www.globes-online.com - on May 19, 2014
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