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Venture Capital News: Disruptor Beam Lands $8.5M in Series B

2017-02-06
FRAMINGHAM, MA, Disruptor Beam announced today an $8.5 million Series B financing.
Disruptor Beam, a company focused on turning the world's greatest entertainment brands into successful games loved by highly connected customers, announced today an $8.5 million Series B financing. The new funds will help to fuel the continued growth of the company and its three games - Star Trek Timelines, Game of Thrones Ascent and the upcoming The Walking Dead: March to War - throughout 2017. This announcement comes on the heels of a banner year in 2016, in which the company doubled its headcount and grew revenue by over 300 percent. For more information about Disruptor Beam and its games, visitwww.DisruptorBeam.com .

This latest round was led by GrandBanks Capital and Romulus Capital, with additional participation from other new and existing investors.

Disruptor Beam's Series A round closed in late 2014. The company subsequently launched its second game, Star Trek Timelines, in January 2016, and secured the license to develop a new mobile game based on Robert Kirkman's acclaimed comic book series, The Walking Dead. The Walking Dead: March to War is set to launch in 2017.

'Disruptor Beam's success over the past year is linked to the launch of Star Trek Timelines, but it is also a direct result of our continued dedication to Disruptor Beam's unique culture,' said Jon Radoff, CEO and Founder of Disruptor Beam 'From delivering true-to-the-IP game content, to striving for genuine communication with our customers, to how our employees work together, authenticity matters. Our culture has allowed us to effectively grow these entertainment brands for fans and our media partners alike. This latest investment will help fuel the continued growth and development of our platform and our teams, so that we can in turn continue to bring fans deeper into the worlds that they love.'

Recently awarded as one of Boston's Best and Brightest Companies to Work For, Disruptor Beam's games have been played by 15 million people around the globe.

About Disruptor Beam

Disruptor Beam turns the world's greatest entertainment brands into successful games loved by highly connected customers. The Boston-area company connects fans around popular franchises including Game of Thrones, Star Trek and The Walking Dead through story-rich and socially-driven games. Disruptor Beam released Game of Thrones Ascent in 2013, followed by the widely popular Star Trek Timelines in January 2016. The Walking Dead: March to War will launch in 2017. Disruptor Beam games can be played across a variety of mobile devices, as well as other platforms including Facebook. Founded by game industry veteran and entrepreneur Jon Radoff, Disruptor Beam is backed by GrandBanks Capital, Romulus Capital, Google Ventures and Converge Venture Partners. For more information visit www.DisruptorBeam.com
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