Good Morning Web 3 - guides and resources for brands and individuals to jump into the next phase of the internet

Oasis Games Invest In Iron Mountain Interactive

A first major investment in the west from the team behind the likes of Light Tracer.

Regular VRFocus readers, and in particular those who own are owners of a PlayStation VR, will be familiar with developer Oasis Games. Oasis Games are connected to the likes of Animal Force, Light Tracer and at the end of last month revealed they would be helping with Salary Man Escape.

Since their founding back in 2011, the Asian firm has released 90 titles across multiple platforms. Not just virtual reality (VR) but standard PC, console and mobile titles.  Today the team has announced that they are beginning a new strategic partnership with European firm Iron Mountain Interactive.

Vienna-based Iron Mountain Interactive GmbH, which has veterans from the likes of Deep Silver, Take-Two Interactive and Rockatar Games has just revealed a $3 Million (USD) Series A funding investment of which Oasis Games was a leading contributor. It constitutes The first Western investment by Oasis Games and, as they put it “expands the development resources available to make an impactful launch while giving the company a key new title to expand into the multi-billion dollar competitive online gaming space.”

“This long-term, strategic partnership with Iron Mountain Interactive is our first investment in a Western company and further strengthens our publishing portfolio and stable of development talent, as this team’s long and impressive track record for developing high-quality, unique gameplay experiences for both Western and Asian audiences, will resonate with our international player base,” Explained Chief Executive Officer of Oasis Games Yuhui Wang. “This partnership marks yet another milestone in our ongoing strategy for growing our business in the Western market, together with our partners at Sony Interactive Entertainment Asia.”

Mike Borras, Chief Executive Officer of Iron Mountain Interactive added: “Oasis Games shares our vision for bringing high-quality online multiplayer games to the world, and they have been doing so globally since 2011. I’m looking forward to working in partnership with Oasis Games to combine their Chinese and Global platforms and resources with our love for creating unique and ambitious multiplayer games that can be enjoyed on multiple platforms by millions of players around the world.”

Whether or not this will affect VR development isn’t clear at this time, but Oasis Games are certainly beginning to make moves on a global scale. VRFocus will bring you more news on developments with Oasis Games in the near future.

Related Posts