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Posts tagged venture-capital

SOE's John Smedley blames Rhode Island government for 38 Studios closure

So who's at fault for the 38 Studios debacle? It's a question that's been thrown around a lot with no clear answers. But John Smedley of Sony Online Entertainment thinks that it's a pretty clear case of the state of Rhode Island getting involved in something it shouldn't have and then backing out...

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What do venture capitalists see when they look at games?

Kickstarter has gained a great deal of traction lately, but by and large new games are still funded the same way they've always been funded: by venture capitalists willing to shell out money in hopes of seeing a return on investment. That being said, the games industry looks at venture...

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The Soapbox: The trouble with Kickstarter

Disclaimer: The Soapbox column is entirely the opinion of this week's writer and does not necessarily reflect the views of Massively as a whole. If you're afraid of opinions other than your own, you might want to skip this column. It was right around the time that the Shadowrun Online...

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Ask Massively: Artists I actually dislike edition

For whatever reason, Rob Liefeld has become a mini-meme on my more meta columns of the week. He's a bad artist, yes, but as I've mentioned in the past, I don't actively dislike him. There are many people far more deserving of dislike. Case in point: Pat Lee. I'm not going to explain in depth...

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Glitch entering beta stage

According to a new post on its official website, Glitch is finally entering an official beta phase. What's Glitch? It's a browser-based side-scrolling MMO from Stewart Butterfield and Cal Henderson, better known as the co-founders of Flickr. Glitch originally began its alpha testing phase a...

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Spacetime announces cross-platform mobile play, prepares to license game engine

Spacetime Studios, the makers of the wildly successful Pocket Legends MMO, has just announced a new influx of funding that will enable continued development on the Spacetime Engine and licensing of said development platform to other game makers beginning in 2011. Gamasutra reports that...

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Nexon iNitiative launching contest for new games

Having a great idea for a video game goes hand-in-hand with playing them, and it goes double for MMOs. (Admit it, you have at least two that you keep locked up tight in your mind on the chance that Blizzard or Turbine or NCsoft come calling. It's okay.) But more often than not, those of us who...

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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...

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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...

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Puzzle Pirates creators land a big sack of booty

The Venture Beat site is reporting that Three Rings, the developer of the fantastic Puzzle Pirates and the unique microtransaction title Bang! Howdy!, landed a big chest of gold this past summer. I imagine the gold was given to them in the form of American currency, as the company negotiated for...

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