Applovin News
2 articles
growth-positive
Redemption Games spins out of AppLovin and raises $7M
Redemption Games, a game studio that spun out of AppLovin, has raised $7 million in a new funding round. The company, known for creating hit mobile games like Sweet Escapes and Cookie Jam, has a history of success in the gaming industry. After being acquired by AppLovin, Redemption Games has now become an independent studio once again. The funding round was led by Play Ventures and included several other investors. Redemption Games is focused on bringing emerging technologies like AI and Web3 to the mass market through its games. The company plans to incorporate blockchain technology and digital collectibles into its game economy. Redemption Games is hiring for new roles and is expanding into the Web3 space.
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growth-positive
Game Monetization Company AppLovin Acquires Israeli SDK Management Startup SafeDK
AppLovin Corp. has acquired SafeDK Mobile Ltd., a software development kit (SDK) management startup. The financial terms of the deal were not disclosed, but it was higher than the $6 million raised by SafeDK prior to the acquisition. AppLovin plans to set up a development center in Israel and will work with SafeDKs team to develop a brand protection tool for mobile apps. SafeDK will continue to support its existing customers, and the co-founders of SafeDK will become co-general managers of AppLovin Israel.
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