General Catalyst led a $70m Series A round in Ares Interactive.

General Catalyst, a venture capital firm, led a $70m Series A round in Ares Interactive, a cross-platform free-to-play game developer and publisher. "This round validates our vision, our approach, and the team behind it. Ares Interactive brings together rare operating experience and the discipline to build for the long term, as our leadership team has a long history of developing, scaling, and operating hit free-to-play games for some of the most successful publishers in the industry. In a market where many companies are pulling back, this financing gives us the ability to lean in, grow thoughtfully with exceptional partners, and invest in building games we have always wanted to make, creating experiences and communities that will keep players coming back for years to come," Mike DeLaet, Ares Interactive President.