TECHi's Analysis
109 wordsThree former Zynga developers have raised $2.5 million to build out their new gaming studio, JuiceBox Games, on the back of the release of their first gaming title HonorBound. With 3 million downloads and counting, JuiceBox’s first game is already generating revenue for the company. The game is ranked 94 on the list of top-grossing apps with a daily revenue estimate of $14,726 and 2,261 daily downloads, according to the site, ThinkGaming. Those numbers were attractive enough to ensnare a clutch of top venture capital investors like Initial Capital, General Catalyst, Index Ventures, and Mavron, and individual investors like Zynga founding team member Scott Dale and former Electronic Arts chief executive John Riccitiello.