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Telltale Gets $6 Million In Investments

Sam & Max developers Telltale Games have announced the closing of a six million dollar round of investments from Granite and IDG Ventures which it says will be used for new episodic titles, new platforms, and ramped up staffing.
Sam & Max developers Telltale Games have announced the closing of a six million dollar round of investments from Granite and IDG Ventures which it says will be used for new titles, new platforms, and ramped up staffing. In a statement, Telltale said the funding would be used to "drive growth in existing and new episodic series, allowing the company to continue defining and refining new models for interactive entertainment and digital distribution." Moves onto new platforms other than the PC are also in development -- in September of last year, Telltale confirmed that the company was in talks with Nintendo to bring Sam & Max. The funding has been provided by San Francisco venture companies IDG and Granite. Granite's Chris Hollenbeck, who joined the developer's board of directors, said Telltale is "changing an industry while doing what they love." Said Telltale CEO and co-founder Dan Connors, "Digital distribution is changing entertainment, and Telltale is helping define the new landscape. This funding will allow us to stay on the cutting edge of innovation by building out our team and our tools, and by taking on new licenses for the episodic treatment."

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