Manticore Games, the San Mateo based game development company has confirmed picking $30 million in Series B financing. The round includes investment from Benchmark, Correlation Ventures, BITKRAFT Esports Ventures, M Ventures, Arrive, Sapphire Sport, Tuesday Capital, and SV Angel. Prior to this round, the firm has secured $15 million in its Series A round which was led by Benchmark in December 2017. The current infusion takes the total amount raised by the firm to $45 million.
Founded in 2016 by Frederic Descamps and Jordan Maynard, the firm i.e. yet to launch a product but has attracted a decent sum. However, it still continues to give very fewer details about what the company is working on. One of their major upcoming projects is CORE, a platform build to offer new and custom experience to the games.
Frederic Descamps, the CEO of the firm in an interview talking about CORE said, “Core is a digital playground service that we have been working on a year and a half now. We are not ready to show it yet, but we are talking about the genesis of it. We saw a gap in game making. It is still reserved to a limited set of folks. You need technical proficiency, funding, a team. The pipeline you use is made of lots of pieces and it is pretty rigid. It limits creativity in games. We are talking about a new way of creating games. A new way for creators to get into it.”
Benchmark general partner Mitch Lasky through a statement said, “Frederic and Jordan founded Manticore on a revolutionary idea. They saw the opportunity to radically simplify the way high-quality 3D games are created and published, and in the process, to open up gaming to the explosion of innovative user-generated content that has transformed other media. Core unlocks a new world of possibilities for both game designers and game players, and it is truly one of the most exciting things we’ve seen in gaming in many years.”
It will be interesting to see when CORE will be made available for the gamers and if it can live up to the expectations.
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