ORLANDO – Row Sham Bow Inc., an electronic game developer startup, has raised $1.5 million of an equity financing aimed at $3 million, according to a regulatory filing.
Row Sham Bow – a name derived from the Japanese term for the game Rock–paper-scissors, says its mission is to “create fun games anyone can play.”
Former Electronic Arts Tiburon VP Philip Holt, CEO and president, founded the company in March.
The company has asked Orlando for $114,000 and the state for $570,000 in economic development incentives. It says it will create 60 high-paying jobs.
The company disclosed the financing in a filing with the U.S. Securities and Exchange Commission.
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