News Articles

Last week at The Fonecast: 8th April 2013

Something old, something new...

Mark Bridge writes:

Let’s start with a slightly belated birthday wish to the hand-held mobile phone, which made its first public appearance on 3rd April 1973. At that point we’d had carphones for a while… but this was the first time anyone had heard the phrase “Sorry, I’ve got to go, the battery’s running out” spoken in public. Or something like that.

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Angry Birds helps game-maker Rovio double its annual revenue

Angry Birds helps game-maker Rovio double its annual revenue

Multimedia business Rovio Entertainment, best known for creating the Angry Birds mobile game, has announced its financial results for 2012.

Revenue for the year was up 101% from 2011, reaching €152.2 million (£129 million).

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Angry Birds game company picks up $42 million investment

Rovio, the Finnish company that created the Angry Birds series of games, has acquired a $42 million investment. The funding round was led by venture capital firms Accel Partners and Atomico Ventures with participation from the Felicis Ventures fund as well.

As part of the deal, Niklas Zennström of Atomico Ventures - the man who co-founded Skype, Kazaa and Rdio - will be joining the board of Rovio.

Author: The Fonecast
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