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Visionnaire Ventures is a global technology investment firm based in San Francisco, California. Visionnaire invests in seed, early and growth stage teams that leverage technology to evolve and disrupt Internet and mobile experiences. The Visionnaire team consists of seasoned entrepreneurs and executives who have founded and operated global internet companies, and thus are able to support early to growth stage companies build globally successful companies.

NEWS

29
Oct

Softbank and Gungho acquires 51% of SuperCell

The rise and rise of Supercell was rewarded Tuesday with the announcement that Japanese telecoms and Internet giant Softbank and its subsidiary Gungho Online Entertaiment will acquire a 51% stake in the Helsinki-based mobile gaming company for $1.53 billion. The full release by Softbank is viewablehere.

Supercell is best known for Clash of Clans, the incredibly popular iOS game (currently in testing for an Android release) which helped to drive mobile revenues to $2.4 million per day in April 2013, and has consistently been the #1 or #2 grossing app in the United States App Store through the purchase of “gems”. According to Supercell, Clash of Clans has been the top-grossing app in 122 national Apple AAPL +0.06% app stores, with Hay Day, their other iOS game, top grossing in 78.Continue Reading..

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