The future of the recently announced upcoming title from Funcom, Conan Exiles, grew a little brighter today as the team have announced that they have secured $6.4M through private investment in the company. The new investment combined with other initiatives the team have taken to convert debt has seen the companies equity improve drastically from a previous deficit of $10 million to a +$4 million.
The new status will provide the company with better financial stability and increased security for their staff moving forward on titles such as Conan Exiles.
[quote cite=”Funcom CEO Rui Casais”]“This investment is a major turning point for the company. Funcom has been making great games for more than twenty-three years, but it is no secret that the company has had a strained financial situation in recent years that made it challenging to fully realize our new strategy and get back on the right track. This investment allows us to finally do that.” [/quote]