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$10 million in funding raised for Hawken

4:30 PM on 02.27.2012 // Jordan Devore
  @DtoidJordan

Adhesive Games' impressive-looking mech combat game Hawken won't be out until the end of this year, but it's already attracted quite a bit of attention. $10 million in funding for the project has been raised so that it can launch successfully in the investor-dubbed "core free-to-play market."

Games Beat caught up with venture capital firm Benchmark Capital, who also helped fund League of Legends. "We were tremendously thankful to be associated with Riot [Games], but we viewed the market as much bigger than a single title," says partner Mitch Lasky. "We think that $8 billion to $10 billion will migrate away from packaged goods games and free-to-play will be a lightning rod for those dollars."

FirstMark Capital founder and managing director Rick Heitzmann expressed similar remarks. "League of Legends is a fantastic title, but it is just one game and one genre that has blown up. We think it's possible to produce very high quality games that have huge audiences that are willing to pay."

Meteor Entertainment raises $10M to fund Hawken online mech game (exclusive) [Games Beat]




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Jordan is a founding member of Destructoid and poster of seemingly random pictures. They are anything but random. Disclosure: I backed Double Fine Adventure and Awesomenauts: Starstorm on Kickst... more   |   staff directory

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destructoid's previous coverage:
Hawken


  Dec 05

Hawken launches its Christmas map and Wreckage update

There's a new map and a special snowy level to play


  Oct 31

Hawken unveils new Predator mech and co-op mode

After the Ascension update, more content is coming for the free-to-play title


  Sep 16

Hawken's Ascension update is the biggest yet

The free-to-play mech shooter now has an overhauled leveling and tutorial system


  Aug 14

Hawken's next big update is all thanks to fan feedback

Here's all the major changes you can expect


View all:powered by:  MM.Elephant

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