GameSalad Finds New CEO

Los Angeles-based GameSalad, the developer of software which makes it easy to create iPhone and other iOS games, has named Steve Felter as the new CEO of the company. Felter joins the firm from Disney. Felter previously was COO and CFO of DigiSynd, before it was acquired by The Walt Disney Company. Felter has also served at Warner Bros. GameSalad is venture backed by DFJ Frontier, DFJ Mercury Venture Partners, ff Asset Management, Steamboat Ventures, as well as angels Mark Suster, Tom McInerney, Paige Craig, and others. Founder and former CEO Michael Agustin has become Chief Product Officer of the company. GameSalad's software allows users to create iPhone games, even if they do not know how to develop software.