CMON Limited Secures US$5.3 million for Series A Financing Round
January 31, 2016 - 9:49am
Cool Mini Or Not has released the following press release concerning its acquisition of new capital funds that will propel the company forward. The official press release is as follows:
CMON Limited announced today that it has successfully secured US$5.3 million for its Series A Financing Round, in order to continue meteoric growth in the tabletop games space. Specializing in premium games marrying high quality components and miniatures with great game design, CMON has published several award winning titles including smash hits like Zombicide, Arcadia Quest and Blood Rage. CMON pioneered the use of crowdfunding platforms like Kickstarter to generate funding while creating demand for its games. With over US$20 million funded via Kickstarter thus far, CMON is one of the fastest growing companies in the industry. "CMON's goal is to create great games," says Chern Ann Ng, CEO of CMON. “This capital gives us the ability to expand quickly by bringing in more talent, acquire established titles from other publishers, as well as pursuing licenses that have mass market appeal.” Further financial terms of this deal have not been disclosed.For more information on this funding news for CMON, visit their website here.