Posts tagged funding 
RIFT revenues reached $100 million in 2011, Trion secures new funding
How successful is RIFT? That's hard to say without knowing how much it cost, but it's safe to assume that Trion executives are smiling after the game generated $100 million in revenue in only 10 months. CEO Lars Buttler told Reuters that the company is still considering an initial public stock ...
Astronaut: Moon, Mars and Beyond meets fundraising goals, updates FAQ
Astronaut: Moon, Mars, and Beyond has taken several small steps over the course of its short lifetime, but can it make one giant leap to a full-fledged release product? It's off to a decent start, judging by its Kickstarter fundraising tally. The devs have issued a press release proclaiming ...
Richard Garriott's Portalarium project gets more funding
Portalarium, the social networking startup founded by Richard "Lord British" Garriott, is picking up a bit of momentum thanks to a round of new funding. London-based m8 has contributed an undisclosed amount of capital to Garriott's Austin, Texas studio, which thus far has published two Facebook ...
38 Studios estimates it will take 50 to 100 million to finish Copernicus, Schilling looking for investors
Curt Schilling is out on the field again -- the investing field, that is. The former baseball star turned game developer is looking for more investors to back 38 Studios and their first game, the title codenamed Copernicus. The company's estimates for their game requires 50 to 100 million more in ...
All-star team gets funding for Ohai MMO
What do you get when you mix former SOE developers, a Flash-based virtual goods environment and about 6 million dollars in capital funding? You get Ohai, a new project in development from such industry vets as Scott Hartsman, Blake Commagere and Don Neufeld. Last fall, the folks at Ohai raised an ...
Korean government to pour $200 billion into gaming industry
As Western game developers are losing money and closing down more games than ever before, the Korean government is taking a drastically different approach. According to a recent report, the Korean government plans to invest $200 billion USD into their gaming industry in an attempt to boost the ...
Over $100 million invested in Trion and its unusual distribution platform
Trion announced that it has managed to get another $70 million in invested funds, bringing the total amount to over $100 million. For reference: that's somewhere in the ballpark of the development cost Grand Theft Auto IV, and about half of what Blizzard has spent on World of Warcraft since its ...
Big Fish Games snags $83 million for expansion
In what is touted as the the largest investment of venture capital for a U.S. online gaming company, Big Fish Games has recently secured $83.3 million in funding from VC firms Balderton Capital, General Catalyst Partners and Salmon River Capital. This is all in addition to the $8.7 million they ...
Grockit gets funding to teach us all a little something
The question is, however, what? According to TechCrunch, former online exam prep site Grockit has recently raised $8 million in funding, bringing the total funding amount up to $10.7 million. Calling itself an MMOLG, or massively multiplayer online learning game, Grockit purports to bring users ...
