Gamerizon Secures $5Million In Financing

Montreal-based Gamerizon announced recently that its closed a $5 million round of financing led by Vanedge Capital and including iNovia Capital. The funds will be used to help the mobile gaming studio expand with additional hires and their scope of operations over the next 24 months.

“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.

Montreal has often been referred to as a hot-bed for the gaming industry within Canada. Gamerizon most popular game is Chop Chop which has 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.