Investors buzz Bee Cave Games

Aug 21, 2014
Austin Business Journal

Bee Cave Games Inc., an mobile game developer, reported completing a $750,000 financing

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The Austin-based company collected the capital from two investors, according to a Wednesday filing with the U.S. Securities and Exchange Commission


Bee Cave Games, which launched in 2012, announced a $1.4 million seed funding in February 2013 from employees, private investors and California-based Glu Mobile Inc. It employed 16 workers earlier this year


In August 2013, the company raised $1.2 million of a planned $1.3 million financing from 23 investors, SEC filings show


In November 2013, Bee Cave Games launched a version of Blackjack Casino for the Amazon app store for Kindle Fire devices, marking the fourth different platform for which the company developed Blackjack Casino


The next month, Bee Cave Games reported raising $1.9 million from nine investors, including Massachusetts-based Matrix Partners and China-based Dragonrise Capital Advisors Ltd. Executives said they planned to use the capital to expand the use of its game Blackjack Casino on Facebook and the Apple Inc. and Android operating systems for smartphones


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