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March Capital Backs Video Game Developer nWay

Los Angeles-based venture capital investor March Capital Partners is one of the lead investors in a round for mobile video game developer nWay, which announced a $11M funding on Wednesday. According to nWay, the funding, which was facilitated by Lionsgate, was led by both March Capital Partners and Ridge Ventures, and also included Baseline Ventures (Steve Anderson), TransLink Capital (Jay Eum) and WI Harper Group (Jeffrey Chu). As part of the funding, Peter Levin of Lionsgate, Phil Sanderson of Ridge Ventures, and Gregory Milken of March Capital Partners have joined the company's board. nWay's flagship mobile game is Power Rangers: Legacy Wars, developed by nWay in collaboration with Power Rangers creator Saban Brands and Lionsgate.