Angry Birds dev raises $42 million

Rovio picks up sizable capital from Accel Partners, Atomico Ventures, and Felicis Ventures; franchise coming to "all major consoles."

Just days after it revealed that Angry Birds was coming to Facebook in May, developer Rovio announced that it has come by a major chunk of venture capital. Yesterday, the company said that it had received $42 million in funding from three venture-capital companies: Accel Partners, which helped fund Facebook and Groupon; "leading super angel fund" Felicis Ventures; and Atomico Ventures, which was set up by Skype cofounder Niklas Zennstrom. As part of the deal, Zennstrom will come aboard Rovio's board of directors.

After receiving $42 million in funds, these birds should be a bit less angry.

Rovio said that the cash injection will facilitate its plans to expand the Angry Birds brand into social media as well as "other platforms," including all major consoles, later this year. The game was already released for the PlayStation 3 and PSP this past January, although no official announcement has been made about release plans for the Xbox 360 or Wii.

Rovio's expansion plan also sees Angry Birds taking root into other forms of media and merchandising. To date, some 2 million units of Angry Birds plush toys have been sold, and a new version of the game promoting the forthcoming animated film Rio is due out this month. Its film inspiration will premiere on April 15 in theaters nationwide.

One of Time magazine's top games of 2010, the game concerns flinging irritated birds from a slingshot into fortresses built by nasty pigs. The full version of the game had sold more than 12 million units worldwide as of last December, with more than 30 million versions of its free, ad-supported edition being downloaded to date. As of March 2011, Angry Birds was played by some 40 million people each month, according to Rovio.

For a more in-depth look at Angry Birds, check out GameSpot's write-up of the game's postmortem from this month's Game Developers Conference.

Written By

Want the latest news about Angry Birds?

Angry Birds

Angry Birds

Follow

Discussion

15 comments
Phatjam98
Phatjam98

@CyberKlown28 Yup I hear ya. Its just the way things are. We all want something new and original but it takes time for something like that to hit. Rage looks promising, and Crysis 2 is gonna be great. But as far as gameplay FPS games are pretty much set in their ways. Its the stories and art direction that really set games apart these days. Homefront looks pretty good, kinda looks like they took alot from the Half-Life style of storytelling. So I'm stoked about it. But yeah, every game bites from games that came before.

CyberKlown28
CyberKlown28

@phatjam98 fair enough. Counter Strike was the first fps in a modern setting to really be good, and its definitely a great franchise, that I wish Valve would make a console version of. I'm not saying Battlefield is bad by any means. And I used to love the old medal of honors(I will say last year's was terrible) But Call of Duty didn't go "oh counter strike is big, lets go with modern stuff" But when MW did hit it big, bam. No more WW2 for battlefield. a couple bad companies, battlefield 3 will also be modern. Medal of honor went modern....its an obvious attempt to leach off of the current success. Then with black ops hits big....oh look vietnam DLC for a MW Era game(BC2) pretty obvious. I like all 4 series mentioned, but I'd like to see them tak their own paths, and get sales through what makes them different.

Phatjam98
Phatjam98

@CyberKlown28 If you want to go down that road. Any game like CoD, Battlefield, MoH... they all ripped off Counterstrike which was the original military style online strategy FPS. Every game is different in some way, better or worse they are different. But they all "bite" off the concept of the last successful iteration.

CyberKlown28
CyberKlown28

An unoriginal game with nicer looks to it so it gets money. It is a good game, don't get me wrong, but it is a complete rip off of things like crush the castle. But they did it better so they win. Look at the Battlefield series. Totally soldout and have gone with a 100% modern warfare set-up since CoD MW revolutionized the genre and online gaming in general. EA knows how to make money. Copy the goods.

Darkmoone1
Darkmoone1

IMO, Overrated game. Should not have gotten the attention it gets. There are tons of flash games out there just like this one, but free.

ele975
ele975

I just hope we can choose what projectile weapon we can fire with, like a bazooka for power shot, the slingshot for precision etc

vega13mv
vega13mv

if it's on a console then the game is gonna need a haul of new content, playing a slingshot game on your phone is fine, but when I play something on a console I expect much more than that.

kweeni
kweeni

Angry Birds is awesome, love playing it from time to time on my android. And the fact that the game was free makes it even more awesome. :D

thorughfire
thorughfire

I enjoy playing Angry Birds, its a fun game that gives you a challenge and it is definently worth the 99 cents to buy. Releasing it on console though? No thanks. I bought Command and Conquer on console and it sucked hard.

blueboykc
blueboykc

i dont know how well its sold on ps3 but i can imagine it did well. it would be stupid on their part not to try to release it on xbox live. i know id buy it if it wasnt over priced.

kamiboy
kamiboy

I'd feel sorry for those vulture capitalists, but they are associated with vultures for a reason.

Drizzt_79
Drizzt_79

Anyone know Alfred Hitchcock's "The Birds"?... It has begun :O

DeathSoul96
DeathSoul96

lol my whole class plays this game on their phones :DD

sleepnsurf
sleepnsurf

Cool game, on my phone! I would never play on console I don't think.