Coda raises $4m seed funding from LVP to grow out mobile game publishing platform
LONDON — January 29, 2020 — Coda, the first end-to-end publishing platform built to transform how free-to-play and casual mobile games are brought to market, has raised $4 million in seed financing from sector-expert VC firm LVP. The company also announced that LVP general partner David Lau-Kee will be joining the Coda board of directors. The sizable seed funding will be used to scale Coda’s operations, grow its team and partner roster, and to add features to the Coda platform. Developers can download the Coda SDK and start building now at www.codaplatform.com
Coda’s mission is to empower game makers around the world to make a living doing what they love
“Coda’s mission is to empower game makers around the world to make a living doing what they love — making games,” said Sekip Can Gokalp, founder and CEO, Coda. “We couldn’t be happier to have LVP’s support and sector expertise to help make Coda the essential platform for developers and players of mobile games.”
Over the last decade, game development has been undergoing democratization, allowing small teams from virtually any location to quickly create and share casual mobile experiences with players around the world. However, more often than not, under-resourced developers and small teams are at a disadvantage when it comes to acquiring new users, applying data science and analytics to improve their games, or monetizing their games to make a living. The free Coda SDK is a groundbreaking way to level the playing field for game creators by taking care of many complicated and time consuming tasks needed to launch a successful mobile game, drastically reducing development time and costs. The platform gives developers of all sizes the sophisticated publishing tools and expert support they need to make their games successful. Creators get to concentrate on building great games, while Coda takes care of the rest.
LVP shares Coda’s vision for supporting an increasingly diverse and global community of developers
“LVP shares Coda’s vision for supporting an increasingly diverse and global community of developers who are focused on making great casual mobile game experiences,” said David Lau-Kee, General Partner, LVP. “The next big game idea could literally come from any corner of the globe, and platforms like Coda will be essential in helping these developers bring their ideas to life and connecting them with players.”
The Coda platform gives developers a suite of powerful tools to support them at every stage of a game’s lifecycle, whether they’re looking to refine their game concept, optimize their feature set and difficulty, or preparing their game for user acquisition campaigns, launch, and monetization.. The platform can also help developers test their concepts, track competitive games, and streamline the creative process to find new ideas faster.
To date, small development teams including the studios behind mobile games Rope Rescue, Color Combo and Pipeline 3D have used Coda to tune and launch their games. Combined, they have hit the 10 top in over 100 countries and surpassed 30 million installs.
