Thatgamecompany Raises $7M

Los Angeles-based Thatgamecompany, a developer of computer games, has raised $7M in a funding round, the company said last week. The funding came from Capital Today, and also included Benchmark Capital and Kleiner Perkins Caufield & Byers. The company is as spinout of Sony Santa Monica Studio. The company says it is in the midst of developing "Journey", which is based on a series of titles of a similar nature ("Cloud", "flow", "Flower", "Journey") for the PlayStation 3. More information »