New York media company Herotainment has received investment from Cuneo & Company, a group lead by former Marvel Entertainment CEO Peter Cuneo.
The undisclosed amount will be used to fund the browser-based multiplayer game Herotopia, along with mobile spin-off Tango Chase.
"We are creating a new generation of superheroes and Cuneo & Co's extensive experience building multi-billion dollar entertainment brands will be an invaluable asset," commented Wade Temen, co-CEO of Herotainment.
"Having successfully led the entertainment-giant, Marvel, Peter Cuneo is the ideal partner for Herotopia and Herotainment."
Peter Cuneo and co-principal Gavin Cuneo will join the board of Herotainment.