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Monday, September 12, 2016

The genius behind 'World of Warcraft' just raised $25 million

The guy behind on one of the most successful games ever made just got $25 million to start a new studio: Bonfire Games.
         
       

That man is Rob Pardo, and he's leading a team of game development veterans (like himself) at a new studio. Their focus? "The company will make online multiplayer games, though he has not yet decided whether it will create them for mobile devices, PCs or both," writes Nick Winfield in The New York Times.

The financing comes from one likely and one unlikely suspect: venture capital firm Andreessen Horowitz (likely), and "League of Legends" studio Riot Games (unlikely!).

You may know "League of Legends" as one of the other most successful games ever made; it's the most widely played eSports game in the world, and commands a monthly playership of nearly 70 million (according to the Riot). Riot is owned by Chinese conglomerate Tencent.

Pardo took to Medium to discuss the new venture. "Often, developers must compromise and decide — do I work on a blockbuster game where I have less personal impact or the gutsy indie studio that struggles to get noticed?," he wrote. "Our vision is to create a studio that doesn’t require them to choose."

Pardo is working with a handful of folks who are coming with him from Blizzard Entertainment — the Activision-owned studio responsible for "World of Warcraft," "Hearthstone," "Overwatch," and many other blockbusters; he's also hiring.