Sumo Digital announces new investor

James Batchelor
Sumo Digital announces new investor

Sumo Digital has announced changes among its investors, with Perwyn LLP now on board supporting the studio.

Perwyn has acquired its share from previous investor NorthEdge Capital, which backed Sumo's management buyout in December 2014.

With [these] major projects… under way, it's an exciting time for Sumo,” said CEO Carl Cavers. Perwyn has demonstrated a deep understanding of Sumo, our culture and the market in which we operate and we look forward to working with them as we embark on the next stage of our journey.”

The studio is currently working on Crackdown 3 and Dead Island 2, as well as original IP such as Snake Pass.

Develop has more details.

GET EMAIL UPDATES

Subscribe