Red Ventures has made a strategic investment in Tilting Point as part of the video game publishers’ first equity funding round.
US-based free-to-play video game publisher Tilting Point received $235m yesterday in its first equity funding round, from investors including Red Ventures, an owner-operator of several digital media brands.
Growth equity firm General Atlantic led the round and was joined by a ‘strategic investor’ dubbed Kamerra.
Founded in 2012, Tilting Point develops and publishes free-to-play mobile games and forms partnerships with other developers to scale and promote their games.
The company’s titles include games based on well-known intellectual properties and its…