Funding News: Lightspeed and Andreessen Horowitz Back $22M Round for Seattle Studio One More Game
— One More Game landed $22 million to fund the development of its debut title, Spell.
The company, launched in 2019 by two gaming industry veterans, has been testing its free-to-play game since late 2020 and is opening a private Alpha preview event to solicit feedback from early testers.
The Seattle studio describes Spell as “a new type of strategy game where players collect and command incredible heroes across colliding worlds”.
“Spell is a fast-paced competitive game that requires both strategic thinking and quick decision-making to achieve victory,” according to its website. “It doesn’t play like other games we’ve played, so we decided to call it a real-time tactics game.”
The co-founders of One More Game are Patrick Wyatt and Jamie Winsor.
Wyatt spent three years before founding the company as CTO/lead engineer at Amazon. In the 1990s, he was vice president of research and development at Blizzard where he worked on iconic games like Starcraft and the Diablo series. After his time at Blizzard, Wyatt co-founded ArenaNet, the Seattle-area game studio responsible for guild wars series.
Winsor had two stints at Undead Labs, a Seattle-area studio that Microsoft bought in 2018. In between, he spent nearly three years as a senior software development engineer at technology company Head automation.
The co-founders worked together at three different game companies – ArenaNet, En Masse Entertainment and Undead Labs.
The company’s developers have already helped create games such as Warcraft, StarCraft, Magic: Arena, Guild Wars and Diablo.
Lightspeed Venture Partners led the Series A round, which included Gaming Partners, Andreessen Horowitz (who led the seed round), Animal Capital, Cleo Capital and several individual investors.
One More Game has previously raised over $5 million. It employs twenty people.
One More Game is one of many up-and-coming games startups in the Seattle area, backed by giants such as Xbox, Valve, and Nintendo.
Other Pacific Northwest Technology Landscape Funding News:
– Picket Homes, a Seattle startup that helps investors acquire and manage single-family rental homes, has launched an undisclosed Series A led by RET Ventures. The company, which has subsidiaries including Inertia Realty Services and ElaraOne Home Management, is run by Hench LeMaistre, a former Progress Residential and Colony American Homes executive.
– Portland-area security startups, Oregon OneIDLab and Tonzy are merging to form a new company called Tonzy, Inc. Prior to the merger, OneIDLab raised a $2.2 million funding round led by Rogue Venture Partners and Columba Ventures Corp. The combined company will be led by Jonathan DeHart, founder of OneIDLab, and Isaac Potoczny-Jones, founder of Tozny.