Hi there,

Daniel Hasselberg, CEO of MAG Interactive, made the announcement today on stage at Slush 2013 in Helsinki that the company had secured a funding round of $6m, led by Nokia Growth Partners. The text of the press release is below, or you can download a PDF of the release from here.

Assets to support the story can be grabbed right here.

If you need any further information or would like to arrange an interview with Daniel or another member of the team, please contact Lina who will be happy to help - or call her on +46 70 555 3971.

Swedish game developer raises funds to accelerate plans for global growth and draw on investor experience

Stockholm, Sweden – November 13, 2013 – MAG Interactive has secured a $6 million USD funding round from Nokia Growth Partners and a private investor. The investment was revealed by MAG Interactive CEO, Daniel Hasselberg, on stage at Slush 2013 start-up conference in Helsinki, cementing the future of a company poised to accelerate its plans for further growth in the mobile gaming space. This follows the success of its first title, word game Ruzzle, which debuted in March 2012 and has driven strong and consistently increasing profits for the company since its launch. Ruzzle has been downloaded more than 45 Million times and achieved top ten placements in over 148 countries around the world on a broad range of mobile platforms.

Daniel Hasselberg explained: “Bringing such an experienced investment group on board at this stage of our development allows us to create a portfolio of successful games, while maintaining the DNA of our company. Becoming a significant studio recognised for mobile social games has been achieved by our commitment to constant improvement of our products, an approach that has made Ruzzle such a global success story. We are looking forward to working with NGP to maximise the opportunities its investment brings.”

Walter Masalin, Principal at Nokia Growth Partners added “NGP is looking for people that can build large sustainable companies and Daniel and the MAG team have demonstrated great potential with their first titles. They are on track building the next major global gaming company from Scandinavia.”

Ruzzle is an addictive, fast-paced puzzle game that challenges players to compete to find as many words as possible from a given set of letters on a four by four grid in two minutes by sliding a finger from letter to letter. Simple to learn but fiendishly difficult to master, Ruzzle can be played in 13 different languages and is available for free on iOS, Android, Windows Phone, Amazon Kindle and Blackberry platforms.

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About MAG Interactive
MAG Interactive started app development for third parties the day Apple’s App Store opened. After several years refining its services as a leading third party developer for other companies, in 2011 MAG Interactive embarked on developing its own apps, launching its first game, Ruzzle, in March 2012. It became an immediate success and has been in the top ten list in 148 countries.
Located in Stockholm, Sweden, the company is recruiting new, talented staff while maintaining the creative culture that has led to its huge commercial success.
Find Mag Interactive at http://www.maginteractive.se, on Facebook at http://www.facebook.com/maginteractive and follow on Twitter, @maginteractive

About Nokia Growth Partners (NGP)
Nokia Growth Partners invests in companies that are changing the face of mobility, communications and the internet. NGP offers industry expertise, capital and an extensive network, enabling entrepreneurs to build disruptive, industry-changing companies and take them to the global market.  With offices in the US, Europe, India and China, NGP extends the reach of companies making their products and services local everywhere. Visit www.nokiagrowthpartners.com for more information.

CONTACT:
Lina Svanholt Sims
Mag Interactive
lina@maginteractive.se
+46 70 555 3971

Successful Swedish start-up hits milestones just 18 months after the original iOS version launched

Stockholm, Sweden – November 1st, 2013 – MAG Interactive announced today that over 12 billion rounds of its smash-hit word game Ruzzle have been played to date – and that downloads have now reached 45 million globally.

Developed in Stockholm by a small team of talented developers led by Chief Executive Daniel Hasselberg, Ruzzle debuted on the App Store for iOS in March 2012, hitting more than 45 million downloads on mobile devices just 18 months after launch.

“We are proud that Ruzzle has hit such staggering milestones,” said Daniel Hasselberg, CEO of developer MAG Interactive. “Since its launch, we have continuously improved the game. Even when it started to take off, we didn’t stop refining the game and still have more ideas and plans to create the best possible product. Our players appreciate this and share their love of Ruzzle across social networks and by word of mouth, leading to the steady growth in downloads. At the same time, the sophisticated match-making system keeps players motivated to challenge each other competitively, collectively playing over 12 billion rounds to date.

“It’s proof that a small, motivated team can produce and maintain an excellent product. While we remain tightly focused, we are actively looking for more talented people to join our team and help take the company to new heights as part of the vibrant development scene in our home city of Stockholm.”

Ruzzle is an addictive, fast-paced puzzle game that challenges players to compete to find as many words as possible from a given set of letters on a four by four grid in two minutes by sliding a finger from letter to letter. Simple to learn but fiendishly difficult to master, Ruzzle can be played in 13 different languages and is available for free on iOS, Android, Windows Phone, Amazon Kindle and Blackberry platforms.

Interesting Ruzzle-related statistics, newly revealed:

• MAG Interactive partners over 4 million random opponents every day.
• Collectively all Ruzzle players have swiped a distance that would get you to the moon and back 26 times.
• When they first start to play Ruzzle, players find an average of 18 words; by the time they have played 100 matches, they find an average of 51 words.
• Top players can average over 180 words per round, more than 1.5 words per second.

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Please access our filestore for images and information to support this news release right here.

About MAG Interactive

MAG Interactive started making apps the day Apple’s App Store opened. Initially developing iOS titles for other companies, in 2011 MAG Interactive embarked on developing its own apps, launching its first game, Ruzzle, in March 2012. It became an immediate success and has been in the top ten list in 148 countries.

Located in Stockholm, Sweden, the company is recruiting new, talented staff while maintaining the creative culture that has led to its huge commercial success.

Find Mag Interactive at http://www.maginteractive.se, on Facebook at http://www.facebook.com/maginteractive and follow on Twitter, @maginteractive