Cash, Investment

Ouya Secures $15 Million in VC Funding, Pushes Retail Launch to Late June

May 9, 2013 -

Even as the makers of the Ouya console (seem to) struggle to fill the orders of those individuals who backed them in their successful Kickstarter crowd-funding campaign (to the tune of $8.3 million), the company behind the Android-based console announces that they have secured $15 million in venture capital financing and that it will move its retail release from early to late June. The $15 million in funding is from Kleiner Perkins Caufield & Byers (KPCB), the Mayfield Fund, Nvidia, Shasta Ventures and Occam Partners.

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Project Awakened Private Funding Shut Down

May 7, 2013 -

Phosphor Games has decided to put its ongoing bid to fund its super hero themed open world game Project Awakened on hold for the time being. The developer started the private funding initiative after it came close to funding the game via Kickstarter. Though that campaign failed, the developer noticed that thousands of gamers backed the project and decided to try again via its web site for the game.

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Former Zynga Boston Employees Raise $2.25 Million in Equity Funding for New Studio

April 19, 2013 -

The former staff members of Zynga Boston have managed to raise $2.25 million for a new game development start-up called Proletariat. The new studio managed to raise all of its funds through an equity funding run, according to an SEC filing by the new company.

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The Foundry Group Invests in New Harmonix IP

March 27, 2013 -

Harmonix has secured funding for three of its upcoming products from Colorado-based capital venture firm The Foundry Group, according to Polygon. The firm generally invests in companies that are in the business of "human computer interaction," and its last high profile investment land at Zynga.

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Four Days Remain to Fund Project Awakened

March 1, 2013 -

Project Awakened, a game that lets you play a highly customized super being of your own making is nearing the half-way mark of its funding goal on Kickstarter but only four more days remain for developer Phosphor Games Studio to raise the rest of the funds. As of this writing, Phosphor Games has raised $210,596 of its $500,000 goal from 5,324 backers.

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Chris Roberts' Star Citizen Crowd Funding Campaign Raises over $8 Million

February 15, 2013 -

Chris Roberts' Star Citizen has surpassed the $8 million dollar funding mark from several sources including over $2.1 million on Kickstarter alone. That milestone is leaps and bounds above the original pitch for $500,000. The PC based space sim from the man behind Wing Commander, Privateer and Freelancer continues to break new ground for a crowd funded game, raising more than a half million dollars in February alone.

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Kickstarter Goes Mobile on Apple Devices

February 14, 2013 -

Popular crowd funding platform Kickstarter has launched an app for iOS devices today that allows users to have more streamlined access to their favorite projects. The app promises the community the ability to "discover new projects, watch project videos, and get updates from projects and your friends." For project creators looking to get some funding from the community the app allows you to "stay connected with your backers, track your project’s progress, and post updates from wherever you are."

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Report: 'Notch' Helped Fund Age of Wonders 3

February 13, 2013 -

According to a Eurogamer report detailing how Triumph Studios came to be developing Age of Wonders 3, it was revealed that Mojang co-founder and Minecraft creator Markus "Notch" Persson was very instrumental in making it all happen.

The whole thing started when Triumph kept seeing a blurb mentioning Age of Wonders in the Minecraft title screen. After sending Persson a demo of the game they all managed to work something out:

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Wildman Kickstarter Cancelled

February 11, 2013 -

With only four days left to earn the other half of its $1.1 million funding goal, Gas Powered Games boss Chris Taylor decided to end the WildMan Kickstarter Campaign.

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Mobile Game Publisher GREE Announces New Partner Funding Program

February 5, 2013 -

Mobile game developer and publisher GREE announced details on a new $10 million fund to invest in and foster long-term relationships with "talented developers in the free-to-play mobile games industry." The fund is appropriately called the GREE Partners Fund, and will be administered by GREE International’s VP of Publishing and Partners, Jim Ying. The fund will allow GREE to invest an aggregate of $10 million through equity investments of $1 million or more.

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CasinoRPG Hits Kickstarter Funding Goal

February 5, 2013 -

With just two more hours to go in its Kickstarter campaign, Goldfire Studios has managed to go slightly over its funding goal of $20,000 for its gambling-based MMORPG, CasinoRPG. As of this writing the Kickstarter raised $20,161 from 197 backers. The next step for the persistent virtual world gambling game is a private beta test, though some of that testing will likely be tied to various reward tiers.

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PC Maker Dell Going Private With the Help of Microsoft

February 5, 2013 -

Dell has officially gone from being a publicly traded company to a privately owned firm with the help of a $2 billion loan from Microsoft. Given that Microsoft makes the top operating system for the platform, I suppose they have a vested interest in one of the PC market's biggest players staying healthy. Dell completed the terms of the deal that will take the company private, buying out stockholders at $13.65 a share in a $24.4 billion deal.

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CasinoRPG Nears Kickstarter Goal, With One Day to Go Before Deadline

February 4, 2013 -

As mentioned by E. Zachary Knight on Episode 39 of the Super Podcast Action Committee, today is the last day to contribute to the Kickstarter for Oklahoma City, Oklahoma-based Goldfire Studios' Vegas-themed MMORPG CasinoRPG.

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GameStick Kickstarter Closes at $647K

February 1, 2013 -

No one can deny that PlayJam's Kickstarter campaign for its GameStick Android console has proven successful, though not as successful as that other Android-based console Ouya. The Kickstarter campaign closed with $647,658 - $547,658 more than it was seeking with its original goal of $100,000 (the Ouya closed with nearly $8.6 million raised).

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Monaco Developer Call Kickstarter Stretch Goals 'Total Bullsh*t'

January 29, 2013 -

Indie game developer Andy Schatz thinks that stretch goals for all these Kickstarter crowd funding campaigns are "bullshit." Speaking recently to Penny Arcade Report, Schatz said that Kickstarter stretch goals are total bullshit and can lead to unnecessary new game features, the developer of the upcoming indie game Monaco said that the use of "stretch goals" - the promise of more game features if a certain amount of money is generated

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Wildman Kickstarter Stalls With 17 More Days to Go

January 29, 2013 -

At its current trajectory, Gas Powered Games' Kickstarter crowd funding campaign for its game Wildman will not be funded if it can't raise around $44,000 a day for the next 17 days. As of this writing the Kickstarter is at $352,827 of its $1.1 million goal. That leaves an outstanding funding deficit of $747,173...

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Gas Powered Games' Wildman Kickstarter Inching Towards $280K

January 21, 2013 -

Gas Powered Games is on its way to staying alive, as its Kickstarter campaign for its latest game Wildman heads towards the $280,000 mark. Late Friday Chris Taylor posted a video on the Kickstarter page explaining that he had to lay off most of the company's staff and that the only way to save the company and hire those people back could be the Kickstarter campaign for its single and multiplayer action RPG. Since that appeal GPG has raised right around $69,000.

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Gas Powered Games Hit By Layoffs, Company's Future Relies Heavily on Wildman Kickstarter Success

January 19, 2013 -

After multiple reports from various sources revealed that a majority of the staff at Gas Powered Games had been laid off, Chris Taylor took to the Internet to comment. Apparently Taylor and a few employees are the only ones left at the studio behind such titles as the Dungeon Siege series, Demigod, and Supreme Commander. Recently Taylor and company launched a Kickstarter for a new game called Wildman but concerns over its early performance cause Gas Powered Games, who is short on cash, to lay off its staff.

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Gas Powered Games Raises Nearly 10 Percent of Wildman Funding in One Day

January 15, 2013 -

Chris Taylor's and Gas Powered Games' Kickstarter for their MOBA-style action RPG strategy hybrid Wildman is well on its way to raising the $1.1 million it is seeking on the crowd sourcing site from the community. Yesterday after the announcement I posited on Facebook that they would need to raise at least $50,000 a day to be well over their goal in the time remaining (around $1.6 million).

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Gas Powered Games Launches Kickstarter Campaign for 'Wildman'

January 14, 2013 -

Gas Powered Games founder Chris Taylor today launched the official Kickstarter campaign for his next big game called Wildman. Taylor and GPG are seeking $1.1 million in funding for the development of what he calls an action game that combines some of the best elements of his previous titles including Dungeon Siege, Supreme Commander and Demigod. Taylor is best known for creating the ultra popular real-time strategy game Total Annihilation while at Cavedog Entertainment.

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American McGee Seeks $200K To Finish Akaneiro

January 4, 2013 -

According to Kotaku, game designer American McGee and his company Spicy Horse Entertainment need more money to finish the development of their free-to-play action-role-playing game set in ancient Japan that combines role-playing and Japanese culture with a grim retelling of the Little Red Riding Hood fairytale.

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GameStick Surpasses Kickstarter Funding Goal

January 4, 2013 -

While there has been some speculation that the Android-based mini-console GameStick will have a hard time competing with the likes of Ouya, that hasn't hampered the enthusiasm of the community. The Kickstarter for the tiny little stick-based Android device designed to simply plug into the HDMI port of most modern high definition television sets has easily destroyed its funding goal of $100,000 in a little over a day and a half.

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GameStick Seeks Funding for Tiny Android-Based Home Console

January 2, 2013 -

It looks like the Android-based Ouya will have some competition. A Kickstarter funding campaign for PlayJam's "GameStick" has launched asking the community to help it raise $100,000 to bring its mini gaming console devices into full production. The GameStick is being billed as a home console that plugs directly into the HDMI slot of most major modern high definition televisions.

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Barkley 2 Kickstarter Sails Past $120K Stretch Goal

December 31, 2012 -

The Kickstarter for Barkley 2, the follow-up to the 2008 hit indie RPG Barkley, Shut Up and Jam: Gaiden, closed its crowd funding campaign just over the amount it needed to get fully funded, reports Polygon.

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Black Isle Studios Tries Unique Crowd-Funding Model for 'Project V13'

December 20, 2012 -

Black Isle Studios, a label of publisher Interplay, is trying something a little different: it is asking the community to crowd-source a "proof of concept" prototype of its post apocalyptic strategy role-playing game, Project V13. Funding tiers include $10, $20 and a Top 20 contributor tier for anyone who pledges more.

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Electronic Frontier Foundation Receives $500K from Markus Persson and Mark Cuban

December 20, 2012 -

The Electronic Frontier Foundation (EFF) has received $500,000 in funding from Minecraft creator and Mojang co-founder Markus "Notch" Persson and serial entrepreneur (and Dallas Mavericks owner) Mark Cuban. Both donated $250,00 each to help the advocacy group fight for patent reform in Washington, according to GII. Cuban is also a star on the popular ABC television show "Shark Tank."

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Dizzy Returns Developers Admit They Won't Hit Kickstarter Funding Goal

December 14, 2012 -

Another day, another failed Kickstarter campaign. This time it is "Dizzy Returns," the brainchild of former Blitz Games developers Philip and Andrew Oliver, who finally and quite publicly threw in the towel today. The brothers admitted that their Dizzy Returns Kickstarter would likely fall short of its £350,000 goal - a goal that many in the community questioned and the brothers tried to defend shortly after they pitched the game idea on Kickstarter.

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Code Hero Developer Finally Responds to Backer Complaints

December 13, 2012 -

Yesterday The Escapist shined a spotlight on the Kickstarter project Code Hero, which managed to garner a lot of support from backers. The game, which promised to teach users how to create a game was asking for $100,000.

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Why Guitar Hero 7 Was Canned: Big Ambitions, No Money

December 6, 2012 -

Yesterday we reported that Activision and developer Vicarious Visions had been working on Guitar Hero 7, but a report today from Kotaku citing an anonymous source close to the situations says that the game was a hot mess and overly ambitious.

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Fitness MMO Company Gets Seed Funding from BVM Capital

December 3, 2012 -

BVM Capital announced that it has made a seed round investment in health and fitness gaming company Fitness Interactive Experience (FIX). FIX is dedicated to making fitness and health fun, accessible and socially connected using massively multiplayer online games.

 
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NatirEnjoy your description. It is more funny to click the steam link though.. it is SFW.... "Shower With Your Dad Simulator 2015: Do You Still Shower With Your Dad?" is a fast paced shower-simulation where you shower with your 8-bit dad. It's good, clean fun!08/03/2015 - 12:28pm
Matthew Wilsonhttp://arstechnica.com/gaming/2015/08/the-18-million-dota-2-international-2015-marks-the-end-of-an-era/ a good story about a dota 2 team that formed just for the international. it is basically a all star team of the best US and European players08/03/2015 - 12:27pm
Big PermIt's a link to a game where you're a naked child around a bunch of naked dudes. Indies must be stopped08/03/2015 - 11:17am
Andrew EisenAs always folks, please give some indication of what you're linking to as well as who.08/03/2015 - 11:15am
NatirIf someone linked this, sorry. I kind of laughed and I figured some may get a kick out of this... Really weird and creepy though. http://store.steampowered.com/app/359050/08/03/2015 - 11:12am
Matthew Wilsonhttp://www.ign.com/articles/2015/08/03/new-article-about-konami-suggests-grim-situation-at-company well hopefully they will get out of game development after mgs508/03/2015 - 11:05am
IvresseSeriously IronPatriot, you're worse than a Daily Mail reader.08/03/2015 - 10:51am
Ivresse@IronPatriot: Will you stop lumping TotalBiscuit into this whole Gamergate issue, it's lying numpties like you who make up your own bullshit to justify your hatred to begin with that screw the internet up in the first place...08/03/2015 - 10:49am
ZippyDSMleeMost social justice is great but some of it is so stupid it taints the whole thing into triple negatives. A shame most of the gamergate stuff is bad...the core ideals are not bad it just jumped the shark and the n ut cases came out of the wood work..08/03/2015 - 10:07am
ZippyDSMleeJim dives into the red ash controversy , http://www.thejimquisition.com/2015/08/1876/08/03/2015 - 10:03am
IronPatriotSeriously people, do not believe crap spread by those who think "social justice" is an insult or that its a good idea to join a movement created for harassment. Like your gamergate hero TotalBiscuit.08/03/2015 - 9:32am
IvresseSeriously people, do not believe the shit that the internet spreads about anyone, especially with the whole gamergate SJW crap colouring the issue to the point of stupidity08/03/2015 - 9:14am
Ivresse@Big Perm: Only to the morons that inhabit the internet. Also his wife is damn awesome, I bumped into her when I had to catch my train before TB's meet and sign session, she ran to find TB, got him to sign my mousemat, then ran back to give it to me.08/03/2015 - 9:13am
MechaTama31I dunno. I'd rather see new characters than see, for example, someone other than Bill Murray try to be Venkman.08/03/2015 - 9:10am
Big Perm@ Ivresse. Is true that TB eats puppies?08/03/2015 - 9:01am
MattsworknamePS: hudson played winston zedimore08/03/2015 - 7:24am
Mattsworknameinfo: the orignoal cast wasn't part of Star trek, but the charecters in the movie were the same charecters. Ghostbusters with out stance, ego, venkman, and Earnie hudsons charecter, whose name I forget for some reason , feels wrong to me08/03/2015 - 7:23am
PHX Corphttp://www.nintendolife.com/news/2015/08/scathing_nikkei_report_hints_at_shameful_treatment_of_staff_by_dictatorial_konami_management Scathing Nikkei Report Hints At Shameful Treatment Of Staff By Dictatorial Konami Management08/03/2015 - 7:15am
IvresseJust finished with Coxcon 2015 last night (convention in the UK organised by Youtube Jesse Cox). Was a damn good weekend meeting Jesse, Totalbiscuit, Dodger etc. and getting to ask them questions and stuff.08/03/2015 - 6:15am
InfophileReference for my comment earlier about Dan Aykroyd in the new Ghostbusters: http://www.theguardian.com/film/2015/jul/15/ghostbusters-call-dan-aykroyd-for-cameo08/03/2015 - 6:00am
 

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