News

Tencent leads investment in Hammer & Chisel's Series B

Date Type Companies involved Size
February 10th, 2015 investment Benchmark Capital
Discord
Tencent
YouWeb
Not disclosed
Tencent leads investment in Hammer & Chisel's Series B

Hammer & Chisel, the developer behind the iPad-only MOBA Fates Forever, has closed its Series B funding round.

It was led by Chinese giant Tencent and supported by Benchmark Capital and YouWeb's 9+ fund, and brings the San Francisco developer's total funding raised to $8.2 million.

Buoyed by the news, Jason Citron - founder of both Hammer & Chisel and OpenFeint - has stated his long-term ambition for Fates Forever, and whatever's next for the studio, to reach massive numbers of players.

Hardcore ambition

“There are an estimated 100,000,000 to 200,000,000 core gamers right now - growing at a rapid pace," said Citron.

"We think there’s tremendous opportunity to craft high end, respectful experiences tailored to the mobile play patterns of core gamers."

“This investment paves the way for us to bring high end mobile games to emerging markets all around the world, which constitutes a substantial percentage of the future core gaming population.”

 


Features Editor

Matt is really bad at playing games, but hopefully a little better at writing about them. He's Features Editor for PocketGamer.biz, and has also written for lesser publications such as IGN, VICE, and Paste Magazine.

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