Next Games has recently announced that it has closed a $10 million funding deal after the huge success of their hit game The Walking Dead: No Man’s Land.
The funding round was led by Jari Ovaskainen and IDG Ventures, and backed by IDG Capital, Lowercase, AMC Networks and Lionsgate.
The total funding for the Finnish developer to date has reached a staggering $18 million.
Teemu Huuhtanen, the CEO of Next Games said in a recent statement “2015 was a banner year for Next Games. We succeeded in attracting senior international talent, growing from 45 to 70 employees, while launching two highly successful products: The Walking Dead: No Man’s Land, based on AMC’s blockbuster TV series, and Compass Point: West,”.
He continued “We are thrilled to see our existing investors fully committed to supporting Next Games’ ambitious expansion plans for 2016 and beyond.”
Next Games plans to use to the funding to build on its current titles and speed up the launch of its third title which is in development and yet to be announced.
So far, The Walking Dead: No Man’s Land has reached 10 million downloads and has shown great performance in the Google Play and iTunes charts.