Gaming startup nWay closed a new round of financing. March Capital Partners, Ridge Ventures, Translink Capital, Baseline Ventures, and WI Harper participated in the funding.
nWay was founded in 2011 by gaming and startup veterans Tony Harman, Taehoon Kim, and Dave Jones, with the goal of creating console-quality multiplayer games for both the Web and mobile platforms such as Power Rangers: Legacy Wars, which was developed by the company in collaboration with Power Rangers creator Saban Brands and global content leader Lionsgate. All of nWay’s games will be free to play, and will feature synchronous multiplayer gameplay.
The funding will be used to support new game development.