MMO Gamer Turbine Powers Up with $50 Million
MMO game publisher Turbine has raised $50 million in new VC funding, according to a regulatory filing discovered by peHUB. The investment comes just one month before Turbine launches its first-ever hybrid product, a Dungeons & Dragons Online spinoff that will be free to play with various premium (read: pay) sections. Turbine did not list any new investors for the "Series D" round, of which just over $6.5 million has been called down. Return backers include Columbia Capital, Highland Capital Partners, Granite Global Ventures, Polaris Venture Partners and Tudor Ventures. The Westwood, Mass.-based company had previously raised around $95 million, including a $40 million Series C round last April. No valuations have been disclosed.
10 August 2009•1 min read
