Realtime Worlds attract major funding
31 million USD in the bank
Dundee-based developer Realtime Worlds, the firm founded by the man credited with the Grand Theft Auto concept, has received an impressive 31 million USD in funding, it was revealed today. The injection into David Jones' firm comes from New Enterprise Associates, a leading venture capital firm. NEA bosses Patrick Chung and Harry Weller will subsequently join the Realtime Worlds board, while David Jones and Ian Hetherington will still continue at the helm.
The company are currently at work on Crackdown, an Xbox 360 exclusive being published by Microsoft, and All Points Bulletin, a PC and Xbox 360 game being delivered courtesy of South Korean publisher Webzen.
“Extraordinary things are on the horizon for us as a result of our partnership with NEA,” explained Jones. “We are developing a global centre of excellence for some of the world’s best games developers that is really quite breathtaking. Together with NEA, we will use this investment to build on the quality of Crackdown and All Points Bulletin and to build new gaming experiences for games consoles, such as Xbox 360 and PC online as well.”
More on this as we get.
Source: MCV UK
