Tripledot raises $78 million for London-based mobile game studio

Tripledot Studios, a fast-growing London-based mobile game studio, raised $78 million in funding. That’s an extraordinary amount for a mobile game studio, and it’s a sign of the excitement around gaming.

The money for the company’s first institutional round of funding came from Eldridge, Access Industries, and Lightspeed Venture Partners.

Founded in 2017 by industry veterans Lior Shiff, Akin Babayigit, and Eyal Chameides, the company has grown rapidly to profitability and has reached a $100 million revenue run-rate, which means that it could hit $100 million in revenue in the next 12 months based on current revenues.