VC funding set to boost Pocket Gems expansion

Social mobile firm’s multi-million dollar month

MCV Staff 13th January 2011 Mobile

US mobile social games developer Pocket Gems has announced that it made more than $1 million of revenues last month from its five iOS games.

The freemium titles – Tap Zoo, Tap Farm, Tap Store, Tap Jungle and Tap Zoo Christmas – have been downloaded nearly 18 million times, and make their money from sales of virtual items via in-app purchase.

The company added 2.5 million new installs in December. During that month, Pocket Gems also secured a $5 million investment round led by Sequoia Capital.

More details can be found over at Develop’s sister site Mobile Entertainment

Tags

About MCV Staff

Check Also

ent [Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’

[Industry news] Entity raises €5 million in seed funding to bring console-quality games to the ‘New Web’

Entity, a new Irish gaming distribution startup, today announced it has completed a €5 million seed round for its next-generation gaming platform which is set to launch in early 2027. Entity has embraced the latest breakthrough web technology to create the home of console-quality games for the “new web” era.  Entity is effectively replacing the need for a dedicated gaming device such as the console or PC for most games: Bringing, for the first time, instant and social game play experiences to the largest global game playing audience without the friction of downloads or installs. Entity delivers a true click and play experience for games players, anytime, anywhere and on any modern browser

© Copyright 2026, MCV. BizMedia