Print View

Archaia Gets Investors

To Expand

Published: 03/21/2011 03:04am
Comic publisher Archaia Entertainment has raised capital from a group of investors with Chicago ties, according to Crain’s Chicago Business.  The group includes attorney Jack Cummins, who owns the Chicago Red Stars in the Women’s Professional Soccer League; New York venture capitalist Allan Grafman, who’s served on the board of Archie
Comics and Tribute Company; former Chicago resident Steven Scott, former CEO of American Physicians; and Todd Helmink of Allscripts Misys Healthcare. 
 
Archaia CEO P.J. Bickett explained the planned uses of the raise. “It’s going to allow us to build our digital presence and take steps to develop our own intellectual properties,” he said. The company expects to have sales of $11 million in 2011. 
 
 
Updated 'Dungeon!' Game
From WotC in June
Wizards of the Coast will release an updated version of the classic fantasy board game.