Mochi Media and Shanda Games Limited, announced the Mochi Game Developer Fund, a $10 million fund that will help Flash and social game developers support their games through sponsorship, licensing and publishing deals.
The fund will assist small Flash game development studios and independent game developers globally in building games and businesses.
The initiative will be managed by members of the management team of Mochi Media and Shanda Games. Through participation with the fund, developers will gain access to technical, design and testing resources from Shanda Games, as well as a host of development tools and distribution to nearly 40,000 websites globally from Mochi Media.
“With the creation of the Mochi GAME Developer Fund, we’re putting substantive muscle behind encouraging creativity in Flash and social gaming,” said Justin Wong, general manager of the fund and head of business development for Mochi Media.
“We are committed to working with developers all around the world to create games unlike we have ever experienced before and help catalyze growth of the browser-based game industry.”