Trending...
- Stonely Unleashes Innovative Platform for Homeowners: Design and Order Kitchen Countertops Online with Ease!
- Diane Gray-Smith Joins STS Capital Partners
- New York Young Republican Club Endorses Allen Mashburn For Lieutenant Governor Of North Carolina
FAIRFAX, Va.--(BUSINESS WIRE)--City State Entertainment, LLC, ("City State" or the "Company") developer of the Massively Multiplayer Online Roleplaying Game Camelot Unchained, Final Stand: Ragnarök and the Unchained Engine announced today that it has secured more than $15 million in new capital from an array of minority investors. This funding round consists of a combination of new and original investors, including several from Mark Jacobs' last video game studio, Mythic Entertainment, Inc., which was sold to Electronic Arts in 2006.
"As this is the largest funding round that the studio has received to date, I am extremely grateful to our investors, and long-term Backers of Camelot Unchained who share our vision for both our games and the cutting-edge engine that we have created," said Mark Jacobs, CEO of City State Entertainment. "We have already reaped some of the benefits from this funding round as we continue to take our development and leadership team to another level. With the uncertain and troubling economic times in the world, knowing that we can continue to work on our games while adding the people and talent we need to deliver on our current games is quite comforting."
More on virginir.com
"This additional funding will allow us to continue to develop our engine, an engine that already delivers a variety of experiences not seen anywhere else in the industry from massive real-time online interactions in procedural player-built worlds to hand crafted multiplayer battles where heroes can engage armies of thousands of enemies at a time," said George Davison, Chief Technical Officer and founder of the Seattle studio. "I am looking forward to growing our team to polish and expand our cutting edge technology stack."
Mr. Jacobs added, "I expect that in the coming weeks, based on the number of people already in the hiring pipeline, we will accelerate our business activities. City State has continued to stay the course on focusing on massively scalable games and the technology it takes to build them and that will not change on my watch."
For more information on City State Entertainment, please visit: http://www.citystateentertainment.com
More on virginir.com
For more information on the upcoming MMORPG Camelot Unchained, please visit: http://www.camelotunchained.com
About City State Entertainment
City State Entertainment is led by videogaming industry veterans Mark Jacobs and George Davison. Jacobs was the co-founder and CEO of Mythic Entertainment Inc., one of the leading creators of online games in the early days of that medium. As lead designer, he helped bring out a wide range of online games, from MUDs to two of the most successful MMORPGs of all time, Dark Age of Camelot and Warhammer Online. George Davison, whose 22 years of experience in the industry include credits on big budget games like Destiny, Lord of the Rings games from WB and the beautifully crafted indie game Hob, is the architect and Lead Engineer of some of the core functionality of the Unchained Engine as well as managing the engineering team.
Contacts
MEDIA CONTACT INFORMATION:
City State Entertainment LLC
Nana Ulu
E: press@citystateentertainment.com
"As this is the largest funding round that the studio has received to date, I am extremely grateful to our investors, and long-term Backers of Camelot Unchained who share our vision for both our games and the cutting-edge engine that we have created," said Mark Jacobs, CEO of City State Entertainment. "We have already reaped some of the benefits from this funding round as we continue to take our development and leadership team to another level. With the uncertain and troubling economic times in the world, knowing that we can continue to work on our games while adding the people and talent we need to deliver on our current games is quite comforting."
More on virginir.com
- Dogs at the Dentist: How an unlikely partnership is helping treat dental anxiety
- E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
- SSV Network selects Randamu for Distributed Key Generation (DKG) Grant Award
- Exceptional US Navy Wood Military Signs
- Lawmato relaunches its virtual consultation app with enhanced features
"This additional funding will allow us to continue to develop our engine, an engine that already delivers a variety of experiences not seen anywhere else in the industry from massive real-time online interactions in procedural player-built worlds to hand crafted multiplayer battles where heroes can engage armies of thousands of enemies at a time," said George Davison, Chief Technical Officer and founder of the Seattle studio. "I am looking forward to growing our team to polish and expand our cutting edge technology stack."
Mr. Jacobs added, "I expect that in the coming weeks, based on the number of people already in the hiring pipeline, we will accelerate our business activities. City State has continued to stay the course on focusing on massively scalable games and the technology it takes to build them and that will not change on my watch."
For more information on City State Entertainment, please visit: http://www.citystateentertainment.com
More on virginir.com
- MiBOXER Is Exhibiting At Hong Kong International Autumn Lighting Fair
- Beck Properties Group, eXp Realty Expands Service in Southeast Indiana
- Stonely Unleashes Innovative Platform for Homeowners: Design and Order Kitchen Countertops Online with Ease!
- One Million Pages Read in the First Year !!
- Kingston NY-Based Ryan & Ryan Kicks Off its 65th Anniversary Dec. 6 by Underwriting a Chamber of Commerce Mixer Saluting RUPCO
For more information on the upcoming MMORPG Camelot Unchained, please visit: http://www.camelotunchained.com
About City State Entertainment
City State Entertainment is led by videogaming industry veterans Mark Jacobs and George Davison. Jacobs was the co-founder and CEO of Mythic Entertainment Inc., one of the leading creators of online games in the early days of that medium. As lead designer, he helped bring out a wide range of online games, from MUDs to two of the most successful MMORPGs of all time, Dark Age of Camelot and Warhammer Online. George Davison, whose 22 years of experience in the industry include credits on big budget games like Destiny, Lord of the Rings games from WB and the beautifully crafted indie game Hob, is the architect and Lead Engineer of some of the core functionality of the Unchained Engine as well as managing the engineering team.
Contacts
MEDIA CONTACT INFORMATION:
City State Entertainment LLC
Nana Ulu
E: press@citystateentertainment.com
Filed Under: Business
0 Comments
Latest on virginir.com
- Fred Nassiri Relaunches "Love Sees No Colour"
- Firefighters & EMS Fund 2022 Ballot Measure Results Recap
- The Samuel Lawrence Foundation Presents Live from Dubai: First Friday Series Webinar on Dec 1
- Wohler makes the Evertz Quartz Protocol available for their iAM-SUM audio monitors & iVAM-SUM AV monitors
- Genuine Hospitality, LLC Adds Two, Southwest Florida Hotels, to Growing Portfolio
- The CPSE Shenzhen 2023 was inaugurated on October
- Pangiam Starts Trial at Amsterdam Airport Schiphol USA - English USA - English
- Bill Edwards Foundation for the Arts and Ericka Dunlap Collaborate with Local Nonprofits to Celebrate Diversity at Mahaffey
- New York Young Republican Club Endorses Allen Mashburn For Lieutenant Governor Of North Carolina
- Diane Gray-Smith Joins STS Capital Partners
- PMUniversity Now Offers Emerging Tech Training As An Authorized Training Partner With Certnexus
- Woburn Dentistry Provides Comprehensive Perio Procedures From One Convenient Location
- Revolutionize Tracking with the iLocate Mini Tracker from Endoacustica Europe!
- Enhancing Residential Living with Air-Driven Home Elevators in Quebec
- Experience the Magic of the Holidays with Fun Corporate Magic's Virtual and In-Person Shows
- DSCR Loans Virginia Take Advantage of 85% Financing on Investment Real Estate
- Apple Hospitality REIT Completes Acquisition of Embassy Suites by Hilton South Jordan Salt Lake City
- Zeus Investments Korea look at how AI is changing the investment landscape
- Art Exhibition - Mandolene: Hard Edge for a New Generation
- Dignari Earns NVTC Tech100 Honors for Second Consecutive Year