HomeNewsFeaturesJobsEducationResourcesDirectory

RealTime Worlds secures USD 50 million funding

RealTime Worlds, the Scottish developer responsible for Xbox 360 hit Crackdown, has secured a futher USD 50 million in funding, according to Tech Crunch.com.

The third round of funding has been led by Maverick Capital, with Montgomery & Co. acting as advisors on the deal, according to the report.

The developer secured USD 31 million funding from New Enterprise Associates in 2006.

The studio was founded by Grand Theft Auto veteran David Jones in 2002, and is currently working on console MMO All Points Bulletin (APB) in partnership with Korean online specialists Webzen.

Comments

To view other users comments, you must be logged in to a GamesIndustry.biz Network account.


In Related News

Real Time Worlds

I'd struggle to make an online game for less than $50 million, says Jones

David Jones - Part 1

Realtime Worlds coy on APB for the PS3

Newsletter Signup

Sign up to the FREE GamesIndustry Newsletter and receive a comprehensive round-up of industry news and info.


GamesIndustry.biz is the world's most read and influential games industry website. But don't just take our word for it!

"GamesIndustry.biz is essential reading. I read it daily as my main online source of information about the European games market. Operating in a fast-changing global business, I have to have up-to-date, reliable information — GamesIndustry.biz is a great resource. The team are highly professional and well-regarded."

Peter Moore

Latest announcements courtesy of GamesPress
GamesIndustry.biz is a proud supporter of GamesAid.
Editor
Matt Martin
Display Advertising
Richard Sturgess
Classified Job Postings
Scott MacKintosh

Find out more

Hosted by dx.net

GamesIndustry.biz is hosted by dx.net.