Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
March 24, 2017
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: MMO Dev Turbine Secures $40m Investment
Report: MMO Dev Turbine Secures $40m Investment
April 30, 2008 | By Eric Caoili

April 30, 2008 | By Eric Caoili
Comments
    Post A Comment
More: Console/PC



Westwood-based MMO game developer Turbine has secured $40 million in Series C financing, according to a regulatory filing discovered and reported by Private Equity Hub. Turbine has raised over $90 million in VC funding to date.

Granite Global Ventures led the round, with managing partner Hani Nada taking a seat on Turbine’s board. Previous investors also joined in, including Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, and Columbia Capital.

Turbine’s catalog of subscription-based PC MMO titles include Asheron’s Call, Lord of the Rings Online, and Dungeons & Dragons Online. The company appointed former m-Qube COO Jim Crowley as its new CEO in a round of new executive hires in late 2007.

Though representatives were unavailable to comment on the funding this morning, Turbine is expected to announce future plans for its direction in two weeks.


Related Jobs

Intel
Intel — Santa Clara, California, United States
[03.23.17]

Research Scientist
Skydance Interactive
Skydance Interactive — Marina Del Rey, California, United States
[03.23.17]

VFX Artist
Sony PlayStation
Sony PlayStation — Bend, Oregon, United States
[03.23.17]

Sr. Staff Game Designer
Sony PlayStation
Sony PlayStation — Bend, Oregon, United States
[03.23.17]

Sr. Staff FX Artist









Loading Comments

loader image