Fundz

City State Entertainment Secures More Than $15 Million In Latest Round Of Funding

PRIVATENov 22, 2022

Amount Raised

$15 Million

Round Type

Funding Round

FairfaxGamingVideo GamesInternet

Description

City State Entertainment, LLC, (“City State” or the “Company”) developer of the Massively Multiplayer Online Roleplaying Game Camelot Unchained, Final Stand: Ragnarök and the Unchained Engine announced today that it has secured more than $15 million in new capital from an array of minority investors. This funding round consists of a combination of new and original investors, including several from Mark Jacobs' last video game studio, Mythic Entertainment, Inc., which was sold to Electronic Arts in 2006.

Quick answer

City State Entertainment raised $15 Million in a Funding Round round, dated November 22, 2022. City State Entertainment is based in Fairfax, Virginia, United States.

How much did City State Entertainment raise?
City State Entertainment raised $15 Million in a Funding Round round on November 22, 2022.
What does City State Entertainment do?
City State Entertainment is led by videogaming industry veterans Mark Jacobs and George Davison.
Where is City State Entertainment based and how big is it?
City State Entertainment is based in Fairfax, Virginia, United States.

Source: Fundz verified event record.

Who else raised in Gaming and Video Games around the same time

Companies in the same sectors as City State Entertainment that raised within 45 days of this round, from Fundz verified event records.

  • Fleek raised $25M (Funding Round) on December 1, 2022.
  • Midnight raised an undisclosed amount (Funding Round) on December 2, 2022.
  • DRX raised an undisclosed amount (Corporate Round) on December 2, 2022.
  • HitBox Games raised $1.6M (Seed) on November 30, 2022.
  • Midnight raised an undisclosed amount (Funding Round) on November 25, 2022.
  • Fenix Games raised $150M (Funding Round) on November 24, 2022.

Who to call at City State Entertainment, and when

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Company Information

Company

City State Entertainment

Location

Fairfax, Virginia, United States

About

City State Entertainment is led by videogaming industry veterans Mark Jacobs and George Davison. Jacobs was the co-founder and CEO of Mythic Entertainment Inc., one of the leading creators of online games in the early days of that medium. As lead designer, he helped bring out a wide range of online games, from MUDs to two of the most successful MMORPGs of all time, Dark Age of Camelot and Warhammer Online. George Davison, whose 22 years of experience in the industry include credits on big budget games like Destiny, Lord of the Rings games from WB and the beautifully crafted indie game Hob, is the architect and Lead Engineer of some of the core functionality of the Unchained Engine as well as managing the engineering team.

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City State Entertainment raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.