February 28, 2006
Telltale Announces Total Of $1.4 Million In Funding
Bay Area-based Bone and Sam & Max developer Telltale, whose WonderCon lecture Gamasutra recently covered, has announced that it has closed a $825,000 Convertible Bridge Note from sources including the angel investor Keiretsu Forum, bringing Telltales total seed funding to $1.4 million.
In 2005, Telltale released its first major downloadable episodic title Bone: Out from Boneville and is currently preparing the next installment for release this spring. Adding to the company's portfolio of licenses, Telltale has formed an alliance with Steve Purcell to create new Sam & Max adventures. In addition, Telltale is also bringing characters and storylines from U.S. televisions most popular show to life in CSI: 3 Dimensions of Murder, which Ubisoft will publish this spring. The company also has a new Arcade section devoted to casual titles.
"The Internet is revolutionizing media and content distribution in the multi-billion dollar entertainment industry: music, video, shopping, games you name it!" said Dan Connors, CEO of Telltale, Inc. With our first titles based on Jeff Smiths popular comic books, Telltale is releasing accessible, innovative, interactive stories for the masses. This expansion funding gives us the ability to move even more aggressively in key areas of our business and further accelerate our companys strategy and growth.
http://www.gamasutra.com/php-bin/news_index.php?story=8331
Telltale are a great bunch of guys, so I'm glad they were able to close some funding and start getting their games into production. I also know there are a lot of S&M fans here who will be looking forward to the new content.
Telltale Announces Total Of $1.4 Million In Funding
Bay Area-based Bone and Sam & Max developer Telltale, whose WonderCon lecture Gamasutra recently covered, has announced that it has closed a $825,000 Convertible Bridge Note from sources including the angel investor Keiretsu Forum, bringing Telltales total seed funding to $1.4 million.
In 2005, Telltale released its first major downloadable episodic title Bone: Out from Boneville and is currently preparing the next installment for release this spring. Adding to the company's portfolio of licenses, Telltale has formed an alliance with Steve Purcell to create new Sam & Max adventures. In addition, Telltale is also bringing characters and storylines from U.S. televisions most popular show to life in CSI: 3 Dimensions of Murder, which Ubisoft will publish this spring. The company also has a new Arcade section devoted to casual titles.
"The Internet is revolutionizing media and content distribution in the multi-billion dollar entertainment industry: music, video, shopping, games you name it!" said Dan Connors, CEO of Telltale, Inc. With our first titles based on Jeff Smiths popular comic books, Telltale is releasing accessible, innovative, interactive stories for the masses. This expansion funding gives us the ability to move even more aggressively in key areas of our business and further accelerate our companys strategy and growth.
http://www.gamasutra.com/php-bin/news_index.php?story=8331
Telltale are a great bunch of guys, so I'm glad they were able to close some funding and start getting their games into production. I also know there are a lot of S&M fans here who will be looking forward to the new content.
