Investors pour $5 million into Marmalade as its CEO steps down

By January 20, 2016Uncategorized

Investor Bloc Ventures led a recent $5 million round of funding for Marmalade, maker of the Marmalade 2D/3D game engine that drives mobile games like SimCity BuildIt and Godus.

Game developers with an interest in Marmalade’s tech should note this development, as VentureBeat reports the funding will be used to improve the Marmalade engine and market it to more developers.

The same report states that the company is looking to go public. Marmalade CEO Harvey Elliott is stepping down and relinquishing his role as chief to Bloc Ventures managing partner (and longtime fixture on Marmalade’s board of directors) Bruce Beckloff, who will take over as interim CEO.

Source: Gamasutra