Might and Magic creator founds new studio and raises $4.5M in funding

Another storied game maker has left traditional PC and console development to make mobile games.

VC Mobile Entertainment is a new company that will produce and publish games for iOS and Android, and it is the latest project from Jon Van Caneghem, who is the creator of Might and Magic and Heroes of Might and Magic and worked on Command & Conquer. He secured $4.5 million in funding from firms like Tencent and Pacific Sky Investments. With consumers spending around $30 billion on mobile games annually, it makes sense that Van Caneghem would target this sector with his latest venture.