Blade Games World Gets Investment

Today, Blade Games World announced that it has received an initial round of investment. This capital totals up to $4 million, with California Technology Ventures as the main investor. Blade Games World currently offers the "all-in-one" game engine and authoring platform Blade3D.

"We are pleased that California Technology Ventures shares our vision to create a new breed of integrated game development solutions and market place for everyone from the hobbyist to the professional game developer," said Tony Garcia, CEO of Blade Games. "Our teams, both here in Seattle and in China, have already begun to expand our offering."

"The global video game market has significantly grown in recent years, and we believe that innovation will continue to drive market success in the future. Having invested in the game space for many years we believe this business model can be game changing," stated Alex Suh, Managing Director of California Technology Ventures. "Blade Games offers such a remarkable solution that it will significantly expand the capabilities of the market by enabling a much lower cost to entry, which will in turn help to introduce new business opportunities and – more importantly – greater ideas for interactive entertainment to the lives of millions around the world."

"Blade Games is breaking down the barrier to entry even further by making XNA development easier than anyone could have imagined," said Tom Sperry, President of Blade. "With the resources the merger brings to the table, the newly formed company combines a value proposition for the industry that will fuel growth and creative ideas, which we think will be recognized as a gold standard in the foreseeable future."

Blade Games was recently formed from the companies Digini and Vyk.