Formed last year by several gaming veterans and funded by NCsoft, Molten Games closed on March 24th, a little more than a year after its founding. About 60 employees were affected, with the management giving out severance packages and inviting other studios to hold job fairs for them.
How did Molten Games, with a “multi-million” investment from NCsoft closed its doors so suddenly? The only reason given was the sudden cut of funds, although NCsoft claimed the company did not play a part in management, and it is just an investor. A former employee spoke of her experience here.