Phoenix Labs, a Vancouver, BC, Canada- and San Mateo, California-based independent game studio committed to building shared gaming experiences, raised a Series B financing round of undisclosed amount.
Backers included Sapphire Ventures, GGV, Ridge, Signia, Next Frontier, and MTGx.
The company intends to use the funds to continue to grow the business.
Co-founded in 2014 by Jesse Houston, Sean Bender and Robin Mayne, Phoenix Labs is an independent game company whose debut PC title is Dauntless, a co-op action role-playing game RPG, currently in Closed Beta. The global Open Beta launch is expected to occur in 2018.