PRNordic | The worlds most famous troll, Hugo, raises $4.0M in private placement
851
post-template-default,single,single-post,postid-851,single-format-standard,ajax_updown_fade,page_not_loaded,

BLOG

The worlds most famous troll, Hugo, raises $4.0M in private placement

01 Oct 2014, Posted by tobiaspr in Newsroom

Copenhagen, Denmark. October 1st 2014 – In the 90’s, the screen troll Hugo made world history, being the first interactive TV-show ever. More than 500 millions viewers saw the TV-show worldwide. In the last couple of years, the famous troll have become a significant figure to mobile games and have without any marketing reached more than 25 million downloads. The company behind Hugo, Hugo Games, just announced that they have received $4.0M in funding as a private placement.

Founder and CEO for Hugo Games, which is located in Copenhagen, Henrik Kølle, consider it as a natural progression, that the company now has received the funds needed to take the next step within mobile gaming. Henrik Kølle says, “We have an exciting line-up of products within the next 12-18 months, where we will focus on cross-platform and with a strong cash-flow position you’ll notice us more active in marketing than before. Our experience with our first mobile game, with more than 25 million downloads without marketing, gives us a reason to believe that Hugo has the potential to be one of the most important characters within mobile gaming”.

“With a more significant presence within mobile gaming will contribute to the ongoing production of the upcoming Hugo movie ‘Hugo – The Worlds Worst Comeback’. There is signed a partnership with the Finnish production company Anima Vitae, which among other things, have made ‘Nico the Reindeer’, that sold more than 5 million tickets in Europe alone. Anima Vitae is furthermore involved in the work of Rovio’s YouTube channel, so it’s a company which has proven its’ worth and is the right partner for us. We believe that the future belongs to Hugo, the worlds most famous troll”, Henrik Kølle concludes.

Sorry, the comment form is closed at this time.