Former Zynga Boston Employees Raise $2.25 Million in Equity Funding for New Studio

April 19, 2013 -

The former staff members of Zynga Boston have managed to raise $2.25 million for a new game development start-up called Proletariat. The new studio managed to raise all of its funds through an equity funding run, according to an SEC filing by the new company.

Proletariat was formed after the closure of Zynga Boston office in Cambridge last October. At the time the studio employed a team of 18 people and was led by executive producer Seth Sivak. Now the CEO of Proletariat, Sivak and his team are focusing on tablet and mobile games. They have set up shop in shared office space in Intrepid Labs in Cambridge.

Proletariat released its first game, Letter Rush for iPhone and iPad in March, this year.

You can read the SEC filing here.

Source: Develop


 
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