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Digital Chocolate secures $12 million in Series D funding

March 1, 2011 by Dusan Belic - Leave a Comment

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Mobile and social games developer Digital Chocolate announced that it has closed $12 million in Series D financing in a round led by Intel Capital with prior investors, Sutter Hill Ventures and Bridgescale Partners, also participating.

During 2010, Digital Chocolate became one of the top five global games publishers on Facebook. The company has also achieved more than 100 million mobile downloads and has brought its social games to the smartphone and tablet platforms. With this additional growth capital, their goal is to further expand the scale, cross-platform capabilities and geographic reach.

Commenting on the news, Digital Chocolate’s founder and CEO Trip Hawkins said: “The investment from Intel Capital supports our vision of publishing leading social games across different devices and platforms. The strength of our team, combined with the strategic insight and support from Intel Capital and existing investors, will help extend our leadership in the evolving social gaming market.”

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