Former lead Steam developer Rick Rick Ellis has raised $1.25 million in investments for the Sharkbite Games video game studio he founded.

Sharkbite Games received funding from several venture funds from Seattle.

The staff of Sharkbite Games consists of 8 people, many of whom previously worked with Ellis in other companies.

The studio team is developing two projects: a casual mobile game and a multiplayer title for PC and mobile platforms.

Rick Ellis worked at Valve for 6 years, where he was the lead developer of the Steam platform and participated in the creation of Half-Life 2 and Counter-Strike.

Ellis also headed the studio Monolith Production, where such games as Condemned and F.E.A.R. 2 were released under his leadership.

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