‘Timeline Dungeon’ developer NOVN have announced that they recently received $500k USD from NC Soft. As NC Soft expands its business interest from game and contents to a range of other entertainment areas, this investment will enable NOVN to release Timeline Dungeon in January 2015. This investment follows up a seed round of funding from ‘The Ventures’. NOVN’s Timeline Dungeon plans to open a new genre with their first title. It is…

Gaming in Korea has enjoyed around 15 years of great success. Among Korea’s top performing gaming ‘startups’ of the last 15 to 20 years are several that have achieve well over billion dollar valuations. These include NCSoft ($1.2Bn), Nexon ($3.7Bn), Com2US ($1.3Bn), and Devsisters ($755M) which just went public this month. Smilegate, another domestic star, is still private and its estimated valuation is creeping towards $4Bn. Where other areas of software innovation…