Games Publisher Tilting Point Raises 235M to Fuel Expansions and Acquisitions

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Photo Credit:Hollywood Reporter

Free-to-play games publisher Tilting Point has raised $235 million to support expansions into new markets and company acquisitions. The funding, led by General Atlantic with participation from Red …

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Free-to-play games publisher Tilting Point has raised $235 million to support expansions into new markets and company acquisitions.
The funding, led by General Atlantic with participation from Red Ventures and Kamerra, will be geared toward accelerating Tilting Point’s publishing model by signing more developers in live publishing, co-developing more titles, acquiring additional studios and partnering with developers for top IP launches.
Investments will also be used to expand across platforms — the company is moving to cloud-based Facebook Gaming and Nintendo Switch — international markets, including South Korea and China; and audiences.

“We are ready to take Tilting Point to the next level,” said Kevin Segalla, founder and co-CEO of Tilting Point, in a statement. “With this financing, we plan to expand our operations and aggressively pursue larger M&A opportunities with our top developer partners. We are very excited to have premier investors coming aboard our journey.”
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For More Details : Hollywood Reporter