Mobile game startup Eight Panda raised $2.4 million

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Mobile game developer Eight Panda raised about $2.4 million from Ankang Venture Investment and Korea Investment Partners. Eight Panda plans to use their extensive experience in game development to launch an RPG game tailored specifically for mobile devices.

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“With more capital, we will strengthen our base for service operation by recruiting more engineers and forming infrastructure. We will keep trying to succeed in the world-wide market with well-made products.” said Sung-Jin Lee, CEO of Eight Panda.

Eight Panda will speed up their development with the capital raised this round. The company will launch a mobile action RPG game in the first half of 2015 and a real time RPG game in the second half.

Eddie Cho editor@venturesquare.net , 인턴 이승준

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