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Nexon injects millions in funding into online game company Rumble
Nexon injects millions in funding into online game company Rumble
October 29, 2013 | By Mike Rose




Newsbrief: Earlier this year, Tokyo-based online game publisher Nexon made a strategic investment in Rumble Entertainment, a studio founded by a group of BioWare, Zynga, and EA veterans. Clearly, Nexon sees potential in the studio, as it has now participated in another round of funding.

The company today announced a $17.5 million round of financing led by Nexon, TriplePoint Capital and Google Ventures, bringing its total funding to date to $35 million.

Rumble plans to use the cash injection to finance its portfolio of free-to-play mobile and browser games, and further its expansion into additional territories.

Rumble Entertainment was founded back in 2011 by former BioWare/Pandemic CEO Greg Richardson. It has since been working on titles like Kings Road, Nightmare Guardians and Ballistic.


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Comments


Feedback Joe
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Clearly you wanted to say that Nexon is Seoul based

Kris Graft
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Nexon moved its headquarters to Tokyo a couple of years ago, though they were founded in and do have major operations in Seoul.


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