Steel Wool Studios Lands $5,000,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b0b5809-5480-4687-8195-3af78670d357
Date
9/1/2016
Company Name
Steel Wool Studios
Mailing Address
Undisclosed Oakland, CA 94601 USA
Company Description
Steel Wool Studios, previously Steel Wool Games, is an Oakland, CA-based independent studio that develops virtual reality games, interactive educational experiences, and narrative projects.
Website
http://www.steelwoolstudios.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series A
Proceeds Purposes
This funding will give the company more freedom to expand its other VR efforts, which include more narrative-driven experiences in addition to gaming content.
M&A Terms
Venture Investor
HTC