Lightbank Makes First Mobile Gaming Bet On Battle Bears Developer, SkyVu
Mobile gaming company SkyVu Entertainment has raised an undisclosed amount of funding led by Lightbank with Nextview Ventures, Great Oaks Venture Capital, Michael Chang (former CEO of Greystripe), and the Nebraska Angels also participating. This marks SkyVu's first round of institutional investment and Lightbank's first investment in mobile gaming. The Nebraska-based SkyVu is best known for its mobile gaming franchise Battle Bears, which is sort of like Carebears with a more action-focused edge. Co-founded by animator Ben Vu, SkyVu has seen 18 million downloads of its five mobile games on iOS and Android, which include both free to play and paid games.