Venture Capital News: Robotoki Snares Strategic Investment
2013-02-25
LOS ANGELES,CA, NEXON Co., Ltd., a worldwide leader in free-to-play online games, today announced that it has made a strategic investment in Robotoki Inc., a Los Angeles-based game development studio.
NEXON Co., Ltd., a worldwide leader in free-to-play online games, today announced that it has made a strategic investment in Robotoki Inc., a Los Angeles-based game development studio led by Robert Bowling, former Creative Strategist of the Call of Duty franchise. Terms of the investment were not disclosed.
"Robert Bowling's creativity and talent is evidenced by his track record of success, and we look forward to collaborating with the entire Robotoki team to deliver inventive, multi-dimensional gaming experiences to consumers in North America and around the world."
This investment will be a step in the direction of coordinating efforts in developing future games based on Robotoki's development of multi-screen, cross-platform gameplay.
"We are thrilled to partner with Robotoki to develop cutting-edge multi-platform, cross-genre games," said Seungwoo Choi, President and Chief Executive Officer of Nexon. "Robert Bowling's creativity and talent is evidenced by his track record of success, and we look forward to collaborating with the entire Robotoki team to deliver inventive, multi-dimensional gaming experiences to consumers in North America and around the world."
Robotoki was founded in April 2012 by president and former Creative Strategist of the Call of Duty franchise Robert Bowling. Robotoki's Human Element, a first-person survival game that takes place after a zombie apocalypse, will combine action, strategy and resource management to offer players multiple human survival scenarios. Human Element is due to be released in the fourth quarter of 2015 on next-generation consoles, PC and mobile, including iOS and Android.
"Partnering with a games giant such as Nexon will allow us invaluable access to their expertise and world-class resources," said Robert Bowling, President and Founder of Robotoki. "Nexon shares our focus on team and talent, as well as our commitment to revitalizing and enhancing the game-play experience, and we are thrilled to work together."
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