The Raine Group and Play Ventures led a $30m Series A round in Cypher Games.

The Raine Group, a global merchant bank focused exclusively on technology, media and telecommunications, and Play Ventures, an early-stage gaming and consumer app venture capital firm, led a $30m Series A round in Cypher Games, a mobile gaming company, with participation from MIT, E2VC and Huuuge Founder Anton Gauffin’s VC Big Bets. “We’re thrilled to close this Series A fundraising with the support of such a strong investor group. Our mission is to pursue innovation and deliver it with top-tier storytelling and premium production quality, at the fastest possible pace. This new funding provides the liquidity necessary to execute on that vision as we bring our game to market,” Anil Simsek, Cypher Games Co-Founder and CEO.