Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 25, 2018
arrowPress Releases
  • Editor-In-Chief:
    Kris Graft
  • Editor:
    Alex Wawro
  • Contributors:
    Chris Kerr
    Alissa McAloon
    Emma Kidwell
    Bryant Francis
    Katherine Cross
  • Advertising:
    Libby Kruse






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


Garriott's Portalarium Secures $3.6M Total Funding

Garriott's Portalarium Secures $3.6M Total Funding

June 1, 2011 | By Mike Rose




Social games company Portalarium, founded by veteran Ultima creator Richard Garriott, has secured extra funding, according to a new report. [UPDATE: m8 has since confirmed the details of the reported deal.]

The latest investment in Portalarium brings the total amount of funds raised to $3.6 million, although the actual funding amounts were not officially disclosed. The investment was granted by London investor m8 Capital with San Francisco-based Founders Fund.

The money is set to allow Portalarium to release its first game sometime in the next few months, bringing "premium games to the social web."

Garriott launched Portalarium early last year, noting that he sees the same kind of opportunity in social gaming as he saw at the emergence of massively multiplayer gaming.

He sold his company Origin to Electronic Arts back in 1992, where he eventually resigned in 2000 and joined NCsoft a year later to help design the developer's MMORPGs. The designer left NCsoft in 2008.


Related Jobs

Cryptic Studios
Cryptic Studios — Los Gatos, California, United States
[09.24.18]

Character Artist, Magic The Gathering MMO
Cryptic Studios
Cryptic Studios — Los Gatos, California, United States
[09.24.18]

Level Designer, Magic The Gathering MMO
Cryptic Studios
Cryptic Studios — Los Gatos, California, United States
[09.24.18]

Environment Artist, Magic The Gathering MMO
New York University Tisch School of the Arts
New York University Tisch School of the Arts — New York, New York, United States
[09.24.18]

Assistant Arts Professor, NYU Game Center









Loading Comments

loader image