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Realtime Worlds confirms USD 50 million investment

Crackdown developer secures further funding for expansion and online projects

Realtime Worlds has confirmed that it has secured USD 50 million in Series B funding.

As reported last month, the funding was led by Maverick Capital and existing investor New Enterprise Associates and WPP.

"Securing funding of this size from partners that are leading the financial and marketing communications industries further affirms Realtime Worlds' position as one of the most creative, respected and successful game development companies in the world," commented David Jones, founder and CEO of Realtime Worlds.

"Since our founding, we have been fortunate to have some of the gaming industry’s top creative talent crafting amazing, ground-breaking interactive entertainment products.

"With this new infusion of capital, Realtime Worlds is poised to deliver new original experiences to gamers around the globe and to push the boundaries of online gaming," he added.

Realtime Worlds has released the 1.4 million-selling Xbox 360 hit Crackdown and is currently working on All Points Bulletin.

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Matt Martin

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Matt Martin joined GamesIndustry in 2006 and was made editor of the site in 2008. With over ten years experience in journalism, he has written for multiple trade, consumer, contract and business-to-business publications in the games, retail and technology sectors.