Gumbug is a mobile gaming studio headed by veterans from Space Ape Games and Mind Candy. Gumbug has created games such as Smash Supreme and Dustland. On December 11, 2019, Gumbug was acquired by Voodoo. The terms of the transaction were not disclosed.
Expert Collections containing Gumbug
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Gumbug is included in 1 Expert Collection, including Gaming.
Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.
Latest Gumbug News
Dec 12, 2019
Total Active App (currently available for download): 4,153,634 Total Inactive Apps (no longer available for download): 214,010 Total Apps Seen in US App Store: 4,367,644 Number of Active Publishers in the US App Store: 1,093,573 French mobile publisher and developer Voodoo has acquired London-based games studio Gumbug . Speaking to VentureBeat , Voodoo CEO Alexandre Yazdi has claimed that the acquisition may allow the team to grow from 15 people to possible 20 to 25. The sum of the deal has remained undisclosed. “We detected a really great team here, and we believe it has much more potential,” said Yazdi. “We are thrilled at the opportunity to work with Voodoo through a much closer relationship, combining our experience with theirs to continue to innovate and develop leading mobile game experiences,” said Gumbug co-founder Simon Hill in a statement. “We knew immediately that Voodoo would be a perfect partner due to their industry knowledge and super-charged focus on data-driven development.” Assess the situation So far, the company has created more than 100 games, amounting to 300 million monthly active users. Since 2013, the French studio has seen 2.6 billion downloads . “What we do is try to assess as fast as possible the potential of the game,” said Yazdi. “So after a few weeks or months of development, we just launch the game on the app store, and we look at the retention metrics in order to see whether the users really love the game. And if not, we just try to kill the game very fast. “So that enables us to focus most of our time and energy only in high potential games.” Continued expansion
Gumbug Frequently Asked Questions (FAQ)
When was Gumbug founded?
Gumbug was founded in 2011.
Where is Gumbug's headquarters?
Gumbug's headquarters is located at Unit 24, London.
What is Gumbug's latest funding round?
Gumbug's latest funding round is Acquired.
How much did Gumbug raise?
Gumbug raised a total of $700K.
Who are the investors of Gumbug?
Investors of Gumbug include Voodoo, London Venture Partners and Initial Capital.