Mobile Startup Rumble Eterntainment secures $15 million funding

As much a cause for celebration for the firm as a sign of investor confidence, mobile and browser-based startup Rumble Entertainment has secured $15 million in its first round of funding. The studio – which can boast executives with experience at the likes of EA, BioWare and Zynga – has been designed to focus on merging the production values sported by big budget console releases with the social bent more typically mastered within the mobile scene. (…) “The future of video games points not at the
casual audience, but rather people who know they love video games,” said CEO Greg Richardson, who previously held the same position at BioWare. (…) The funding itself was secured from Google Ventures and Khosla Ventures, with the two firms clearly seeing potential in Rumble’s vision, and its roster of talent. (…) Rumble’s first two games are due in 2012.

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