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North Bay Business Journal

Tuesday, June 7, 2011, 1:19 pm

Telltale Games scores $7 million in series C funding

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    Telltale GamesSAN RAFAEL — Telltale Games, publisher of movie-like episodic games, today said it closed a $7 million round of series C funding that will be used to launch new products on multiple gaming and computer platforms and consumer electronics.

    Part of the financing round were IDG Ventures, Granite Ventures and several original angel investors.

    “In the last 12 months, Telltale Games has successfully expanded its product line with the inclusion of several high-profile licensed IPs [intellectual properties] and we have achieved the company goal of supporting every viable digital gaming platform by incorporating iOS devices and social games,” said Dan Connors, chief executive officer of Telltale. “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.”

    Founded in 2004 by LucasArts veterans, Telltale has sold more than 5 million episodes since launching the first product 2005. Its more than 35 published releases cumulatively earned an average Metacritic score above 80 percent and won numerous awards including Adventure Game of the Year from publications IGN, PC Gamer, GameSpy and Adventure Gamers.

    Telltale currently develops and publishes episodic series on Sony’s PlayStation 3 game console, Microsoft’s Windows desktop computer and Xbox 360 console, Apple’s Mac desktop and iPad tablet computers and Nintendo’s Wii console.

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