EA Partners founder launches mobile funding initiative
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Industry veteran Tom Frisina has poured $40 million into a new publishing initiative called Tilting Point. The company aims to publish the best mobile developers, with the whopping initial investment intended to last just three years; it will provide development funds, marketing and consultancy with industry partners like EEDAR. Frisina has some serious chops, having founded EA Partners and served as chairman of thatgamecompany, so this massive bet on mobile is worth thinking about; he's also brought former EA and Zynga staff on board, as well as some savvy investors. More deals are in the works, but Tilting Point has already signed Signal Mobile, Housemarque, and 1337 Game Design & Senri.
Thanks, GamesIndustry.