Sky and Journey maker Thatgamecompany raises $160M
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Thatgamecompany has built amazing and emotional game worlds such as Sky and Journey, and today it is announcing it has raised $160 million in funding.
On the success of Sky, a mobile game that has been downloaded more than 160 million times and it has nearly seven million daily active players, the company has been able to raise a huge funding round from marquee investors TPG and Sequoia. It is also adding Pixar cofounder Ed Catmull as a principal adviser on creative culture and strategic growth.
The funding for Thatgamecompany comes on the eve of the 10th anniversary of Journey, a captivating game that won numerous Game of the Year awards as it tracked an emotional journey to the top of a mountain. Jenova Chen, CEO of Thatgamecompany, said the company aim is to advance its mission to foster human connect through play.
While the funding round is big, Chen said the Santa Monica, California-based studio will support its community and create new experiences while staying true to its independent values.
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“To be honest, it took me a lot of time to actually adjust to this,” Chen said. “Because deep down, we are still pretty small. And earlier last year we were less than 40 people. And until now, we are almost 100. My day to day life has changed quite a lot. But this is all for good reason. And Sky has been growing really healthily. And it was able to support all this growth and attract investors as well.”
He said the company remains true to its focus of creating emotional games for the whole world.
“Thatgamecompany is a driving force for the advancement of games’ deeper emotional impact” said
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