Game developer studio Mountaintop Studios has raised at least $20.5 million, a filing shows. The startup was set up by Oculus alumni including cofounder Nate Mitchell. Game developer studio Mountaintop Studios, cofounded by Oculus alumni Nate Mitchell and Matt Hansen, has raised at least $20.5 million in additional funding, according to an SEC filing. The startup has sold $20.5 million in Series A shares and the filing implies a target of $25 million. The document doesn't identify an investor, but indicates seven backers have participated to date.

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Persons: Nate Mitchell, Matt Hansen Organizations: Oculus, SEC