The Series B investment round was led by Shanghai, China-based private equity firm Capital Today Group, which previously invested primarily in mid-sized Chinese companies. (thatgamecompany co-founder Jenova Chen was born in Shanghai, but received his master’s degree at the University of Southern California, and the studio is based in Santa Monica, California).
Other participants in the round include Benchmark, a Menlo Park, California venture capital firm, and “a half-dozen individual investors and investment companies,” according to the release.
