1047 Video games raises $6.5 million
Splitgate: Area Warfare developer 1047 Video games has raised $6.5 million in a funding spherical led by Galaxy Interactive.
Different buyers embody VGames, Lakestar and 1Up Ventures.
Free-to-play multiplayer shooter Splitgate launched in Could 2019 on Steam, to very optimistic critiques. The funds will go in direction of “rising manufacturing of in-game content material” in addition to bolster the studio’s advertising and marketing efforts to draw new gamers. 1047 Video games will even concentrate on recruitment and increasing its dev staff.
The studio has raised a complete of $10 million so far, together with earlier rounds led by Draper Dragon and Draper College Ventures.
1047’s co-founder and CEO Ian Proulx stated: “We’re proud to be working with the sport business’s high VCs to raise Splitgate’s place as a top-tier multiplayer expertise. We’re uniquely positioned amongst on-line shooters to develop and broaden each our present sport and its loyal fan base to extra avid gamers across the globe.”
Richard Kim, common accomplice at Galaxy Interactive, added: “With Splitgate and its improbable portal mechanic, 1047 Video games is elevating the FPS style in new and modern methods. It is astounding what such a small staff has been in a position to accomplish, making a AAA high quality sport at a fraction of the price.
“We’re extremely excited to again this staff, and we will not await the world to create tons of memorable moments whereas enjoying this sport.”