Israel-founded Appcharge Scores USD 58m Series B
Appcharge, a Tel Aviv and San Francisco‑based direct‑to‑consumer platform provider for mobile game publishers, raised USD 58 million in a Series B funding round.
The financing, led by IVP—an established U.S.‑based venture capital firm investing in high‑growth technology companies—includes contributions from Playrix and existing backers such as Creandum, Play Ventures, Glilot Capital Partners, Smilegate Investment, Moneta VC, BITKRAFT Ventures and Corundum Capital.
The firm will channel the new capital into scaling its DTC infrastructure with novel product launches and further global expansion.
According to Business Wire, within the past year Appcharge processed over USD 500 million in transactions, achieved 14‑fold revenue growth, and serves more than 100 mobile games.
Herzog acted as legal counsel for Appcharge in this round. The deal team included Yair Geva, Lior Katz, Rafael Hartman, and Itai Elisha.
Latham & Watkins Advises Lead Investor IVP.
