Sky Children of Light developer thatgamecompany gets $160 million dollars!

journey and sky developer that game company nets 160 million dollars in new investments welcome to another games recap what's up everybody i am brandon fam i'm here with another games recap where i rant about today's biggest news that affects game developers thank you for joining me live every day at 11 am pst on youtube to join the discussion now on to the news journey sky children of light developer that game company has secured 160 million dollars in investment to create new interactive play experience venture capital firms tvg and sequoia led the funding round which also adds pixel co-founder ed catmull joining the studio as a principal advisor for creative culture and strategic growth

that game company will use the cash to expand its development team organization infrastructure and pursuing new projects that deepens human connection through gameplay the studio founder and ceo genova chan genova chan said that game county wants to create a title that emotionally appeals to people of all ages identities and backgrounds within the single experiences this is somewhere where animated feature films have had genre defining moments with snow white and toy story and we will continue working toward this moment in the gaming world sid chan with the advisory support from legendary ed patmol and the financial banking from uh tpg and sequoia we are here to double down that game company's pursuit and continue to push the boundaries between art and human connection and video games this is obviously fantastic news so uh i've been a huge

fan of that game company so much that we've actually had people like uh cecil and rika come on the show from that game company to talk about their experiences of working there and often highlighting genova chan as a genius that comes up with these great game ideas but also has the business savviness of being able to deliver on these promises as clearly shown about ranking in 160 million dollars this is a company that had its roots in the early playstation two days or playstation three uh they were behind a lot of the uh bigger titles back then and downloadable content uh like flow uh that comes to mind and they've been able to kind of support division since then uh and working closely with sony uh to to publish these other titles sky was kind of a venture on their own this was a title that was

very surprising to me uh when they were first announcing it for ios it was kind of past that ios uh phase were way past like eight years 20 years past where ios apps were making huge debuts right so unless you were a hardcore uh app mobile developer that had already had their claws and in in this market it was very hard to break in essentially and that game company was coming from a console background and they jumped into this and was able to obviously deliver with sky the children light you know they had a huge amount of following and downloads uh for that game uh and were able to kind of make it happen to the point where ed kendall from pixar uh believed in them so much that they seemed kind of like a a

transitional student or at least a in-between studio that can help bridge that gap between film and video games right so this is a huge huge time for them 160 million dollars is a lot that team alone isn't that big so that goes a long long way and i'm always about game developers getting paid especially if they're doing great awesome work so congratulations for all that game company uh the next round and champagne is on you guys now that you're loaded and uh be sure to kind of reach out and congratulate them personally after this but this is very exciting and follows the trend where a lot of investors are investing in games nowadays it is kind of like the big thing along with blockchain and ft a lot of eyes are on our industry right now if you have a great idea with a good track record you're either being acquired or people are giving you money so that concludes today's games recap i

hope you guys are having a good time out there and go get yours all right come out with a cool ip and get paid as always uh see you guys next time and hopefully join us in a new and live discussion later [Music]