The newly named species Cynarctus wangi was a member of the extinct subfamily Borophaginae, commonly known as bone-crushing dogs because of their powerful jaws and broad teeth.
"In this respect they are believed to have behaved in a similar way to hyenas today," said Steven E Jasinski, a student at the University of Pennsylvania in US.
Fossils from terrestrial species from this region and time period are relatively rare, thus the find helps paleontologists fill in important missing pieces about what prehistoric life was like on North American's East Coast.
"It is quite rare we find fossils from land animals in this region during this time, but each one provides important information for what life was like then," he said.
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However, when they compared features of the occlusal surfaces, where the top and bottom teeth meet, of the previously known and the new specimens, they found notable differences.
"It looks like it might be a distant relative descended from the previously known borophagine," Jasinski said.
Borophagine dogs were widespread and diverse in North America from around 30 million to about 10 million years ago. The last members went extinct around 2 millions of years ago during the late Pliocene.
C wangi represents one of the last surviving borophagines and was likely outcompeted by ancestors of some of the canines living today: wolves, coyotes and foxes.
Despite its strong jaws, the researchers believe C wangi would not have been wholly reliant on meat to sustain itself.
"It would have supplemented that by eating plants or insects, living more like a mini-bear than like a dog," he said.
C wangi would have lived beside ancient pigs Desmathyus and Prosthenops, the horned artiodactyl Prosynthetoceras, an ancient elephant-like animal known as a gomphothere, and perhaps the ancient horse Merychippus, researchers said.
The study was published in the Journal of Paleontology.