Online game company Trion World Network raised $70 million in a ’...
Online game company Trion World Network raised $70 million in a “Series C” funding round, it disclosed Tuesday. Since its 2006 formation, the company has raised more than $100 million, a tally it calls “one of the largest amounts…
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raised by gaming companies in recent history.” The latest infusion helps position the company “as an emerging leader in the publishing and development of server-based games,” it said. The funding round was led by an unspecified “large global financial institution” and Act II Capital, Trion said. All previous investors also participated, including first- round participants DCM and Trinity Ventures, and B-round investors Bertelsmann, Time Warner, Rustic Canyon and Peacock Equity, a joint venture between GE Commercial Finance’s Media, Communications & Entertainment business and NBC Universal, Trion said. Trion has announced two titles in development that it plans to publish in North America and Europe: Its first title -- a fantasy massively multiplayer online role-playing game -- and a massively multiplayer online game developed in partnership with NBC Universal’s Sci Fi Channel.