The studio plans to create over 100 jobs in the next 24 months
MONTREAL, Sept. 15, 2011 /CNW Telbec/ - Gamerizon, a Montreal-based
studio specialized in mobile games development and responsible for the
very successful Chop Chop™ franchise on the iOS platform, announced
this morning that it closed a five million dollars investment round
with a prestigious syndicate led by Vanedge Capital and including
This private investment will allow Gamerizon to significantly expand its
employee base with 100 new hires planned over the next 24 months and
improve its product offering in both breadth and scope.
"We're extremely proud to be associated with such quality investment
firms as Vanedge and iNovia as we scale up operations and leverage our
Chop Chop ™ franchise over numerous social and mobile platforms
including Facebook, iOS, Android and Windows Mobile. They bring
phenomenal gaming expertise and are established leaders in digital
investments," said Alex Sakiz, CEO, Gamerizon.
"We are excited about our investment in Gamerizon. The team has built
good momentum and has started to emerge as a pre-eminent developer of
mobile games," said Divesh Sisodraker, Partner, Vanedge Capital. "We
have made four investments in our fund, two have been in Montreal, and
Gamerizon is our largest investment here to date. We are strong
supporters of the digital media industry in Quebec and excited by the
depth of talent and number of quality investment opportunities
available in the Province."
"iNovia Capital is a private venture capital funds managers driven by
backing the best entrepreneurs in the hottest space with the upmost
potential. We strongly believe that Gamerizon will become one of the
largest game developers on social and mobile platforms in Canada and we
are glad to help its management team execute on such ambitions,"
explained Chris Arsenault, Managing Partner, iNovia Capital.
"Today's announcement is another example that Montreal is a global
leader in the gaming industry and will remain for a very long time.
Gamerizon established itself as one of the leaders in the extremely
competitive mobile games industry and we should be proud of its
success," affirmed Mr. Michel Leblanc, President and CEO of the Board
of Trade of Metropolitan Montreal.
Gamerizon's Chop Chop™ games have been downloaded over 15 million times
in the span of 16 months and have consistently reached top 5 downloaded
applications ranking positions in most countries in the world on the
iPhone and iPad platforms. Gamerizon was recently ranked as the world's
32nd best mobile developer by PockertGamer.biz.1
Gamerizon : Talented Programmers Needed
Gamerizon is currently seeking for talented programmers to join its
development teams. If you are a social or mobile gaming guru and are
passionate about the video game industry, send us your resume!
Potential candidates can visit the "Career" section on Gamerizon's
website at http://gamerizon.com/career/ or send their resume at email@example.com.
Launched in early 2008, Gamerizon is a Montreal-based independent studio
specialized in the development of high quality mobile and casual games
for numerous social and mobile platforms including Facebook, iOS,
Android and Windows Mobile. Six of our Chop Chop mobile games have been
downloaded over 1 million times each and most have reached top ranking
positions in their respective categories in over 50 countries.
About Vanedge Capital
Vanedge Capital is a new venture capital fund focused on investments in
digital media. We make investments where our unique combination of
operating leadership and management; subject matter expertise;
relationships with technology, creative, and management talent will
generate out-sized returns.
About iNovia Capital
iNovia partners with exceptional entrepreneurs to build successful
companies in high growth sectors. The team is comprised of
entrepreneurs and sector experts focused on Mobile, Internet and
Digital Media. iNovia has $165M under management across two seed and
early stage funds. For more information, visit www.inoviacapital.com or
follow iNovia on Twitter at www.twitter.com/iNovia.
Image with caption: "Michel Leblanc, President and CEO, Board of Trade of Metropolitan Montreal, Alex Sakiz, Chief Executive Officer, Gamerizon, Chris Arsenault, Managing Partner, iNovia Capital and Divesh Sisodraker, Chief Financial Officer and Partner, Vanedge Capital at the Gamerizon press conference on September 15, 2011. (CNW Group/Gamerizon)". Image available at: http://photos.newswire.ca/images/download/20110915_C3729_PHOTO_EN_3331.jpg
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