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Star Trek Timelines developer Disruptor Beam has raised $8.5m in Series B venture capital financing, the company has announced.
The investment was led by GrandBanks Capital and Romulus Capital, with additional participation from other new and existing investors, the company said in a statement.
Armed with these new funds, the Boston-based studio says it hopes to fuel the continued growth of the company and its three mobile games (Star Trek Timelines, Game of Thrones Ascent and the upcoming The Walking Dead: March to War) throughout the rest of this year.
The news comes after an excellent year for Disruptor, in which the studio doubled its headcount and grew its revenue by 300 per cent. Last year also saw the launch of its mobile strategy RPG Star Trek Timelines, which was developed using its Series A round of financing from 2014.
Disruptor Beam CEO and founder Jon Radoff commented: 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.
"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.”
Disruptor Beam’s next title is the officially licensed mobile title, The Walking Dead: March to War. It will launch on Android and iOS later this year, and its story-based multiplayer strategy roots will see players building alliances and competing against rivals in a desperate struggle for resources.
