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Telltale Games Secures $7M In Funding

Telltale Games Secures $7M In Funding

June 7, 2011 | By Mike Rose

Episodic adventure game publisher Telltale Games has secured $7 million in a round of funding with private investors.

The Back to the Future developer closed the Series C funding investment with IDG Ventures, Granite Ventures and a number of other investors. The company has said that the money will go towards upcoming product launches and building its existing infrastructure.

Dan Connors, CEO of Telltale Games, noted of the investment, "In the last 12 months, Telltale Games has successfully expanded its product line with the inclusion of several high-profile licensed IPs and we have achieved the company goal of supporting every viable digital gaming platform by incorporating iOS devices and social games."

"We now find ourselves extremely well positioned with the Jurassic Park and The Walking Dead franchises to reach a very large audience. This financing will allow us to aggressively launch these franchises worldwide on multiple platforms simultaneously."

Telltale revealed last year that it has secured the rights to work on adventure game adaptations of both Back to the Future -- now released -- and Jurassic Park, the latter of which will be made available as a retail disc.

The company is also working on games based around the graphic novels Fables and the aforementioned The Walking Dead.

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