Foundation 9 Gets Strategic Investment

Foundation 9, which operates a number of game development studios, said today it has received a strategic investment from Francisco Partners. Foundation 9 said that Francisco Partners will fund the company with up to $150M over the next few years, for Foundation's organic growth, IP development, and future acquisitions. Foundation 9 operates Newport Beach-based The Collective, Culver City-based Circle of Confusion, and other game studios and brands. The firm is known for its Age of Empires title, and recently shipped The Da Vinci Code for Xbox, PS2, and PC. Foundation 9 was advised by UBS Securities on the deal. More information »