Emergent Game Technologies Raises $12M

Calabasas-based Emergent Game Technologies, a developer of software used for the game development industry, said Tuesday that it has raised $12M in a Series D funding. The round came from Jerusalem Venture Partners and Worldview Technology Partners, along with Adena Ventures, Walker Ventures, Copan, and Cisco Systems. Emergent develops software used for creating both single-player and online games. The funding was covered earlier in April by socalTECH, after the firm's funding was disclosed in the Q1 PricewaterhouseCoopers/NVCA Moneytree report. More information »