Hidden Path finds an angel to finance the final development of Defense Grid 2

Screen Shot 2013-05-18 at 10.32.38 AMHidden Path Entertainment has found an angel investor to fund the final step of development for Defense Grid 2, the sequel to a popular tower-defense game.

Last year, Bellevue, Wash.-based developer Hidden Path managed to raised $271,726 from more than 6,000 donors for a Kickstarter crowdfunding campaign. But the money didn’t fully fund the cost of final development. GamesBeat has learned that Steven Dengler, the chief executive of foreign exchange website XE.com and a successful entrepreneur, decided to invest the remaining funds that Hidden Path needs in order to polish the game, where players must defend military bases from waves of attacking aliens by positioning weapons in towers.

Jeff Pobst, the chief executive of Hidden Path, kept Dengler’s identity as a “mystery investor” secret until now. Dengler, it turns out, is a serial supporter of video game crowdfunding campaigns on Kickstarter. Through his investment firm Dracogen, he has done a lot of game financing on a per-project basis.

Read more at VentureBeat

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