Moon Active lands $300m in funding

Originally published on GamesIndustry.biz by Brendan Sinclair

Investment puts Coin Master developer valuation at $5bn; CEO sees “potential for endless growth”

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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

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