Arktos Entertainment Group provides its third round of funding to Online Warmongers.

Arktos Entertainment Group, a US investment and research company, has completed its third round of funding of $5m in Online Warmongers, which is about to release its free-to-play War Inc. Battlezone game.

In March, Arktos provided $1.5m in a second round of funding to Warmongers.

Sergey Titov, Arktos Entertainment Group’s chief executive, led the latest round for the company and as a private investor.

He said: "Online Warmongers has readily embraced the concept of a games-as-service model, something believed to be…