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Thursday, Nov 30, 2023

Emergent Receives $12 Million in Funding

A Calabasas-based software company for the video game industry received $12 million in funding from six firms. The funding for Emergent Game Technologies comes from Jerusalem Venture Partners, Worldview Technology Partners, Adena Ventures, Walker Ventures, Copan and Cisco Systems. The new round of funding and organizational changes in personnle allows the company to deliver the most progressive development solutions available to the games industry, said Emergent CEO Geoffrey Selzer. “The games market is evolving quickly, with cross-platform production scalability and online migration becoming ever-increasing challenges to game creators,” Selzer said. “Aided by our world class customer service and support Emergent is evolving to successfully solve these increasingly larger problems for developers and publishers.” The organizational changes include promoting Scott Johnson to president, and naming John Goodale as vice president of marketing and business development; Lisa Wenninger to vice president of product management; and David Gregory to vice president of engineering and systems architect.

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