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Herotopia developer gets further investment

Group led by former Marvel CEO fund kids MMO company

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.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.