Change is afoot at independent game publisher Gambitious.

Following the firm raising an unspecified amount of new capital, the company has rebranded itself as Good Shepherd Entertainment and bolstered its management team.

Devolver Digital co-founder Mike Wilson is now chief creative officer, with the announcement saying he will devote “the lion’s share” of his time to Good Shepheard. Meanwhile, fellow Devolver founder Brian Grigsby comes on board as CEO, with Gambitious founder Paul Hanraets taking on the president role.

Meanwhile, Ben Andac has joined as business and product developer, having previously worked in similar roles at Sony Interactive Entertainment Europe.

“We love to start new things, iterating and evolving upon what we've created before,” said Wilson.

“I believe we’ve proven we do business in a way that works for indies and investors while remaining fair and transparent for everyone. Good Shepherd is a fresh vision continuing that same spirit.”

Grigsby added: ““We are extremely pleased to expand the global media and entertainment experience of our investment team and governing board. The fresh operating capital will now allow us to prepare for scale and the expansion of our unique investment opportunity providing interested investors the means to participate in the billion-dollar global video game industry."

Commenting on his promotion to business and product developer, Andac said: "Our most important job is to lend our ears, guide the project as needed, and help our partners achieve their vision. As a publisher, we're here to add value to each game and alleviate the burden of production while maintaining the utmost respect for developers' creative freedom.”

Gambitious was founded in 2011 by Hanraets and in 2012 launched its equity-based funding model, helping developers raise money for their projects with the help of accredited investors around the world.