Former ArenaNet Developers Form New Studio And Raise $3.3M In Funds

Hot on the heels of ArenaNet CEO Mike O' Brien's announcement last week, another band of former ArenaNet employees have come together to form a new studio called Tenacious Entertainment. Former Guild Wars 2 Game Designer Roy Cronacher heads the new Bellevue-based mobile game development studio.

“We started Tenacious to shake up how things are done on mobile,” said Cronacher, in a statement. “As lifelong gamers ourselves, we know that players deserve outstanding innovation and memorable experiences no matter what platform they’re on. That means taking concepts that are proven on PC and consoles to the next level, capturing what gives them mass market appeal with unique design made for satisfying bursts of enjoyment on phones and tablets.”

According to VentureBeat, the new studio has raised $3.3 million in funds since it was founded last year. Their debut title, a competitive arena combat game, is currently in development and is scheduled for release in 2020.