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Blade Games secures $4m investment

"All-in-one" game engine developer to use the funding to expand operations in Seattle and China offices

Blade Games World has secured USD 4 million as an initial round of investment led by California Technology Ventures.

"We are pleased that California Technology Ventures shares our vision to create a new breed of integrated game development solutions and market place for everyone from the hobbyist to the professional game developer," said Tony Garcia, CEO of Blade Games.

"Our teams, both here in Seattle and in China, have already begun to expand our offering."

Blade Games announced its formation last month, with the aim of providing an "all-in-one" game engine.

"The global video game market has significantly grown in recent years, and we believe that innovation will continue to drive market success in the future. Having invested in the game space for many years we believe this business model can be game changing," commented Alex Suh, managing director of California Technology Ventures.

"Blade Games offers such a remarkable solution that it will significantly expand the capabilities of the market by enabling a much lower cost to entry, which will in turn help to introduce new business opportunities and – more importantly – greater ideas for interactive entertainment to the lives of millions around the world."