Game company Skybound Entertainment announced today a new funding round led by mobile publisher Com2uS, with participation from C Ventures and Third Wave Digital.
While the amount of the transaction has not been publicly disclosed, it is understood the money will go towards the development of a new Walking Dead game.
“C Ventures’ holistic ecosystem and global network will fuel Skybound’s continuous growth,” said Co-Founding Partners of C Ventures Adrian Cheng and Clive Ng in a joint statement.
“Skybound’s most notable IP The Walking Dead has a large fanbase globally. We’re pleased to be supporting Skybound to move forward with more exciting creator-owned works and continuing our work and investment with the fast-growing Skybound.”
As for the collaboration between Skybound and Com2uS, it started in 2017, when the companies announced a partnership to franchise Com2uS’ billion-dollar mobile RPG Summoners War. The two firms are currently developing an animated television series based on the game, with Chris Wyatt and Kevin Burke as writers and producers. With the new investment, Skybound and Com2uS are set to deepen their partnership even further.
“This collaboration with Skybound will be a good opportunity for Com2uS to expand its influence in the global market and create synergy between the two companies,” said Com2uS CEO Byung Joon Song. “We will continue to work together to create a product that people around the world can enjoy.”
Skybound is best-known for turning Robert Kirkman’s comic book series The Walking Dead into a multi-billion-dollar franchise through a television adaptation. Most recently, the company saved the Telltale Games’s ‘Walking Dead‘ game from certain death, right after the company failed.
With new funds, the company is now set to deliver new interactive experiences to a larger user base, who can’t wait to see the next installment of The Walking Dead franchise or any other Telltale games, really.
“With tremendous support from C Ventures, Third Wave Digital, and Com2uS, we’re excited to work together to reach super-fans in Asia and around the world with our existing and brand-new IPs,” said Skybound Chairman Robert Kirkman.
What about you? Are you excited about Skybound’s imminent expansion? Which of their games are you most looking forward to?