Hawken raises $10 million in venture capital

The same company that helped prop up Riot Games way back in earlier days, has decided to invest heavily in the free-to-play mech indie game Hawken.  At this point I’ve clearly become interested in Hawken and this little bit of news had me raising all of my eyebrows (all two of them).

Benchmark Capital, who helped fund League of Legends and subsequently sold the property for $350 million has decided on Hawken as its next investment project. They would like to see that the project launch successfully in the “core free-to-play market”.

“We think that $8 billion to $10 billion will migrate away from packaged goods games and free-to-play will be a lightning rod for those dollars.”

-Benchmark Capital partner Mitch Lasky

That’s a very optimistic view of where the industry is going, but not one that I totally disagree with either.  Free-to-play makes a lot of sense to me in terms of its accessibility and people’s willingness to hand money over.

$10 million is no number to sneeze at.  As a point of reference, Tim Schafer and his Double Fine team were able to raise a little more than $2 million for their Kickstarter project.

$10 million in funding raised for Hawken

Advertisements

Tags: , , , , , ,

About Ryan Saul

Hailing from Portland, OR I work by day and blog by night. I like to consider myself a video game connoisseur, playing as many new things as I can get my hands on. Its hard to hold me down to one game for very long before I move on to the next big thing. Luckily, that works pretty well in terms of video game blogging.

2 responses to “Hawken raises $10 million in venture capital”

  1. giantsbane says :

    Haha…you know you only have one glorious eyebrow.

  2. giantsbane says :

    This is exciting news. The trailer for the game looked quite cool.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: