Gendai Games Closes Series A Venture Capital Financing

Gendai Games, Inc., an Austin Texas-based company that has developed the GameSalad, a game creation toolset, has closed a Series A round of venture capital financing.
The round was led by DFJ Mercury, with participation from Steamboat Ventures, DFJ Frontier and ff Asset Management and individual investors Paul Bricault, Paige Craig, Tom McInerney, Josh Resnick and Mark Suster.
GameSalad is a toolset that allows non-programmers to create advanced games for the iPhone and iPad.
This new round of funding will allow Gendai Games, which was founded in 2007 by Michael Agustin, Tan Tran, and Dan Treiman, to expand its team and to continue to develop tools that allow users to create content.

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