News
Turbine gets $40 million VC injection
Ed Fear May 1 2008, 11:23am
Series C funding round to fund 'major strategic change'?
Online RPG developer Turbine has rounded up $40 million dollars of venture capital funding according to financial website Private Equity Hub.
The Massachusetts-based studio, which counts Asheron's Call, Lord of the Rings Online and Dungeons and Dragons Online amongst its heritage, has now in total raised more than $90 million in funding during its lifetime.
According to PE Hub, the developer is expected to soon announce major strategic operational changes, possibly moving away from massively-multiplayer online RPGs.
- Previous Article: Booming casual games business gets its own trade website
- Next Article: THQ makes development layoffs
Related News
- Rare leaks out new Pinata card with Women in Games info
- Key coding hires boost 'Halo Franchise Management Team'
- Traveller's Tales looks to take Lego Batman to TV, iPhones
- EA, Take Two merger would 'spell trouble' for its development staff
Comments (2)
- Online games studios vs offline ones - who's the best?
Hot Topics
- SK v Epic: 'Justice will be done' says Dyack
Comments (11)
- Jamie MacDonald speaks out against games degrees once more
Comments (6)
- Developers demand £7.5m damages from file-sharers
Comments (4)
- Walmart urges developers to go green
Comments (2)
- EA, Take Two merger would 'spell trouble' for its development staff
Comments (2)
