Socialpoint (formerly Social Point until 2019) is a Spanish

video game developer A video game developer is a software developer specializing in video game development – the process and related disciplines of creating video games. A game developer can range from one person who undertakes all tasks to a large business with em ...

based in

Barcelona Barcelona ( ; ; ) is a city on the northeastern coast of Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second-most populous municipality of Spain. With a population of 1.6 million within c ...

. Founded in October 2008 by Horacio Martos and Andrés Bou, the company specializes in

free-to-play "Free-to-play" ("F2P" or "FtP") video games are games that give players access to a significant portion of their content for free. The term "free-to-play business model" or simply, "free-to-play model", refers collectively to business models tha ...

mobile and

social network game A social network game (sometimes simply referred to as a social media game, social gaming, or online social game) is a type of online game that is played through social networks or social media. They typically feature gamification systems with mu ...

s. Socialpoint was acquired by

Take-Two Interactive Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993. The company owns three major Imprint (trade name), publishing labels, Rockstar Games, Zynga and 2K ...

in February 2017.

History

Social Point was founded by Andrés Bou and Horacio Martos in 2008. Between 2008 and 2011, they launched 25 online social games. In January 2011, Social Point released the battle and strategy game ''Social Empires''. In November 2011, Social Point released ''Social Wars'' and a mobile version of ''Social Empires''. On 8 May 2012, they announced the release of '' Dragon City'' for Facebook. In July 2012, Social Point announced it had closed a

Series B round A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the p ...

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

funding to a total of $10 million.

TechCrunch TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. I ...

reported that funding for the B.1 round was provided by Nauta Capital,

Idinvest Partners Idinvest Partners, founded under the name AGF Private Equity, S.A in 1997, is a European private equity and venture capital firm. Operating as part of Allianz until 2010, Idinvest Partners then became independent. Idinvest Partners is based in P ...

, and

BBVA Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Bilbao, with operative offices in Madrid. It is one of the largest financial institutions in the world, ...

bank. The

Universitat Politècnica de Catalunya The Polytechnic University of Catalonia (, , ; UPC), currently referred to as BarcelonaTech, is the largest Institute of technology, polytechnic university in Catalonia, Spain. UPC's objectives are based on internationalization, as it ...

published an article in October 2012 announcing that Social Point was an official collaborator in its master's program in Videogames Design. Spanish newspaper '' Expansión'' printed an article in February 2013, stating that

Greylock Partners Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management. The firm focuses on early-stage companies in consumer and enterprise software. History Greylock wa ...

had invested €2.9 million in Social Point in December 2012. Social Point announced the releases of iOS and Android versions of ''Dragon City'' on 21 March 2013 and 3 July 2013, respectively. In 2014, they launched a new title, ''Monster Legends'', for Facebook, iOS, and Android. In 2013, Social Point announced its partnership with the mSchools Initiative, a multi-year, multi-faceted education initiative led by the Mobile World Capital Barcelona. Social Point confirmed that its staff would be involved in mentoring school children as part of the App Education Course element of the initiative: a

computer science Computer science is the study of computation, information, and automation. Computer science spans Theoretical computer science, theoretical disciplines (such as algorithms, theory of computation, and information theory) to Applied science, ...

elective that was offered in Catalan high schools to teach students about

application Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a ...

design and prototype development. In August 2013,

VentureBeat ''VentureBeat'' is an American technology website headquartered in San Francisco, California. ''VentureBeat'' is a tech news source that publishes news, analysis, long-form features, interviews, and videos. The ''VentureBeat'' company was fou ...

named Social Point one of the 20 fastest-growing mobile startups in the world. According to the company, in 2015 it had a turnover of 85 million euros (50% coming from the United States) and its video games accumulated 180 million downloads. In January 2016, the company launched a new title, ''World Chef'', and two months later, ''Dragon Land''. In 2016, it generated $90 million in annual revenue and $20 million in profits according to parent company

. In December 2019, Social Point was rebranded as Socialpoint and introduced a new logo.

Games developed

References

External links

* {{Take-Two Interactive 2017 mergers and acquisitions Take-Two Interactive divisions and subsidiaries Video game companies of Spain Video game companies established in 2008 Spanish companies established in 2008 Companies based in Barcelona Video game development companies Mobile game companies