Proletariat Inc. Completes $20 Million Series C Financing Round

Proletariat, Inc., an award-winning independent game developer with the mission to create games that change the way communities play together, today announced the completion of a $20 million Series C funding round led by Take-Two Interactive Software, Inc. with participation from existing investors Spark Capital, FirstMark Capital, and others.  In addition, Michael Worosz, Executive Vice President, Head of Corporate Development & Independent Publishing at Take-Two Interactive Software, Inc., will join Proletariat’s Board of Directors. Further details of the financing round were not disclosed.

“We’ve been looking for the right industry leaders to work with to help us take Spellbreak and Proletariat to the next level,” said Seth Sivak, CEO of Proletariat, Inc.  “Michael and Take-Two bring a wealth of experience that will be vital as we expand the team, ramp-up development and prepare to self-publish Spellbreak next year for audiences around the world.”

“Proletariat has a strong reputation as an organization that embraces a transparent development approach to deliver amazing experiences to its players,” said Michael Worosz, EVP, Head of Corporate Development & Independent Publishing.  “We are quite impressed with Seth and his team composed of exceptional creative talent at Proletariat and are proud to invest in their business and future success.  Personally, I’m greatly looking forward to working with the Company to help make Spellbreak a hit when they publish the game next year.”

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