Casual games developer Arkadium has secured $5 million in funding from entrepreneurial investment company Edison Ventures, which will be used to develop more titles for the Windows 8 operating system, the company announced today.
Arkadium, the studio behind Facebook and Windows Store titles like Microsoft Mahjong and Taptiles, will also use the investment to bolster its online distribution system and further plans to double its worldwide staff in the next three years.
"We've spent years refining our development strategy across multiple platforms, most recently Windows 8," CEO Kenny Rosenblatt said in a press statement. "With this Series A investment from Edison Ventures, we can continue our strategy of developing the best cross platform casual games, but at an accelerated pace."
"It's rare to find a high-growth technology company that's been able to achieve the success Arkadium has without the benefit of ever raising capital," added Ryan Ziegler, interactive marketing and digital media practice leader at Edison Ventures. "Arkadium's cross-platform capabilities and unified infrastructure enable the efficient production of best in class gaming content."
New York-based Arkadium was founded in 2001 by husband and wife team Kenny Rosenblatt and Jessica Rovello. The company began as a startup with four employees and has since partnered with Microsoft Studios and grown into a developer of popular casual titles, employing 140 people in offices in New York, the Ukraine and Canada. The company's portfolio currently includes a variety of card-based and puzzle titles across mobile devices, Facebook and browsers.