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Hawken publisher collects $18 million in second round of funding

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Meteor Entertainment raised $18 million in its second round of funding for free-to-play multiplayer online mech battler Hawken, bringing the company's total funding for the title to $28.5 million, reports VentureBeat.

Rustic Canyon Ventures technology investors and Chinese mobile games company KongZhong, publisher for Hawken in China, have joined FirstMark Capital and Benchmark Capital as the game's backers. Meteor CEO Mark Long told VentureBeat that the company is "gathering a war chest" to make another game on-par with Hawken's quality level.

"It's clear from this investment that we do not believe the game industry as an investment category is going down," managing partner at Rustic Canyon Nate Redmond told VentureBeat. "From watching disruption in multiple industries and seeing it come to games, that is appealing to me as an investor and a gamer.

"We look at a lot of possible game investments," Redmond added. "[Publishing games directly on the web] continues to be one of the most interesting sectors of digital media. [Hawken] is the first important one that we've seen in the last few years. It comes down to whether they have built great game play. The core mechanics are pretty amazing. The team is very technical and they really understood their engine and how to squeeze performance out of it."

Hawken will launch on Dec. 12 for PC.