Finnish mobile gaming company Traplight brings in $2.7 million

Finland-based gaming studio Traplight, which developed the Big Bang Racing mobile game, has raised $2.7 million. The round was led by Korea Investment Partners with participation from previous investors Sunstone Capital and Finnvera, as well as angel investor Shukri Shammas. This latest round increases Traplight’s total funding to $5 million.

Mail.ru Group acquires Moscow-based mobile game developer Pixonic for $30 million

Editor’s note: This post from East-West Digital News was syndicated with permission. Mail.ru Group, a major Russian Internet company, announced the acquisition of Moscow-based mobile game developer and publisher Pixonic. The LSE-listed group has acquired a 100% stake for $30 million in cash, including $20 million upfront and $10 million deferred and based on performance […]