Gaming and entertainment startup WinZO has raised $65 million in a Series C funding round led by California-based Griffin Gaming Partners, taking the total tally of capital raised by the company to $90 million.
This financing follows eight months after the company raised its Series B from returning investors Makers Fund, Courtside Ventures, and Steve Pagliuca, Co-Chairman of Bain Capital. Phil Sanderson, Co-Founder of Griffin Gaming Partners, will join WinZO's board of directors.
The company said it has grown its revenues tenfold over the last 12 months and has partnered with over 100 leading game developers to realize the full potential of the Indian mobile gaming market through in-game integration of WinZO's social gaming framework.
“We are super excited to partner with the Griffin team,” said Paavan Nanda, co-founder, WinZO.“Their incredible experience and precious insights across the global media & entertainment landscape shall be valuable as we continue to disrupt the Indian gaming ecosystem. With this raise, we plan to grow much faster and become an even more lovable product for our consumers.”
