D2C Announces $6 Million Series A Funding
D2C Games, Scott Orr's mobile and downloadable games start-up, announced today that it has closed its Series A financing round of approximately $6 million. Investors in the round include Rubicon Venture Partners and 755 Capital Partners. The funds will be used in part to allow the company to focus on the creation of original IP, instead of relying on licensing deals.
"The venture capital community has been very receptive to our business model of developing digital-to-consumer digital entertainment content," Orr said in a statement. "The capital from our Series A will allow us to further develop multiple new properties and strengthen our publishing capabilities, to deliver innovative and fun entertainment products to consumers."
Although D2C has planned since its inception to develop and publish mobile games, its focus and messaging has gradually widened over the last 12 months, with the company now targeting PCs and home consoles, as well as handheld game devices.
Currently announced D2C projects include D2Comics, a collaboration with comic book writer Steve Niles, as well as a series of "RTS Sports" titles entitled Chalkboard Sports.
Details regarding the funding, including D2C's post-money valuation, were not disclosed.