Bee Cave Games Raises $5.5 Million Series A From Matrix Partners

AUSTIN, TX -- (Marketwired) -- 06/01/15 -- Social casino and mobile game developer Bee Cave Games today announced the close of a $5.5 million Series A round of funding from Matrix Partners. This marks Matrix’s fourth investment in the company, and Matrix is the sole investor in the round. To date, Bee Cave Games has raised more than $10 million in equity.

Funds will be used to support the growth of Bee Cave’s current and future titles. Bee Cave Blackjack & Slots is currently available in the iOS, Google Play, and Amazon App stores as well as on Facebook. Between original content and slots content licensed from Multimedia Games, Bee Cave has gained worldwide popularity for publishing the most fun slots online.

"Bee Cave has the best casino games in comparison to the other casinos I've tried," said Patty, a VIP Player on Bee Cave Blackjack & Slots. "I really enjoy playing on Bee Cave's Casino."

Josh Hannah, General Partner at Matrix Partners, has joined Bee Cave’s Board of Directors to help the company continue to scale. Prior to joining Matrix, Mr. Hannah co-founded Betfair.com, revolutionizing the gaming industry by building the world’s first online marketplace for sports betting.

“We are thrilled to have Josh join our Board and to receive Matrix’s ongoing support,” said Bee Cave Games CEO, Erik Bethke. “Josh has been a great partner, and I look forward to working even more closely with him as we continue to expand and refine our offerings.”

To learn more about the Bee Cave Games experience, please visit www.beecavegames.com.

ABOUT BEE CAVE GAMES INC.:

Bee Cave Games was founded in 2012 by game industry veterans with the mission to entertain the world with the best casino games. Based in Austin, Texas -- Bee Cave Games features talent previously with companies including Zynga, Electronic Arts, Blizzard Entertainment and Multimedia Games. Bee Cave Blackjack & Slots features world-class Blackjack and Slots games, supports 18 languages and is available at the Facebook App Center, Apple iOS App Store, Google Play Store or the Kindle Fire App Store. For logos, screenshots and additional information, visit www.beecavegames.com. Bee Cave Blackjack & Slots, Bee Cave Slots, Bee Cave Blackjack, Social Spins and Bee Cave Games are trademarks of Bee Cave Games, Inc. All other game and company names are trademarks or registered trademarks of their respective owners.

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   BEE CAVE GAMES MEDIA CONTACTS:Erik [email protected] WilliamsGeneral Counsel & [email protected]

Source: Bee Cave Games

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