From the release:
" Series A funding allows the company to expand the team in almost every department and bring the game into a semi-private pre-alpha state where external testers and focus groups can begin sampling the game. " (bolding mine)
So, that's great to hear. However, the last statement offers some potentially conflicting information:
" Pantheon: Rise of the Fallen is scheduled to enter into public testing later this year. " (again, bolding mine)
If public testing isn't semi-private testing, this would seem to indicate a significant change in scheduling, when compared to other commentary earlier this year on pre-alpha, alpha, and beta timelines.
If public testing is semi-private testing, then.. why the different wording? hrm. :|
Nanfoodle said:Is Series A funding what you need to cover till the launch of the game? What is Series B for? Expanions?
Ashvaild said:For a layman.... What exactly is series A? I'm glad money isn't an issue for you guys. Can't wait to dive into Terminus :)
This should help give you a better idea: http://recomparison.com/comparisons/101328/series-a-vs-series-b-funding-what-is-the-difference/
This site gives a little more depth.
Ashvaild said:For a layman.... What exactly is series A? I'm glad money isn't an issue for you guys. Can't wait to dive into Terminus :)
All,
Please don't put too much stock in rigid definitions of Series A, B, etc. that you might find on the web.
There is no "exact" meaning for Series A. Every deal is different.
Just because the web says that "Series A is that that or the other" doesn't necessarily mean such terms apply to VR's Series A.
It's as simple as this: seed comes first, then comes A, then comes B, etc. That's all it means. Just your good 'ole ABCs at the end of the day.
That being said, it's great news for Pantheon. Fuel in the tank!
Onward!