Investment puts Coin Master developer valuation at $5bn; CEO sees “potential for endless growth”
Share this article
Coin Master developer Moon Active has raised a funding round of $300 million, according to a Calcalist report.
The funding put the company’s valuation at $5 billion, and was led by previous investor Insight Partners.
Insight put $125 million into Moon Active early last year in a deal that valued the developer at just $1.25 billion.
Calcalist reports that Moon Active posted $1.25 billion in revenues last year, and is expecting to hit $1.5 billion this year.
“Looking ahead to the coming years we see potential for endless