Funding for All Points Bulletin
Realtime Worlds the Dundee video games producer raised $50m in second round funding from US investment house Maverick Capital with existing investors New Enterprise Associates and WPP. The firm, founded in 2002 by former DMD Games CWO Dave Jones, will use the funding to launch a new online urban action game All Points Bulletin.
“Securing funding of this size from partners that are leading the financial and marketing communications industries further affirms Realtime Worlds’ position," said David Jones, founder and CEO, Realtime Worlds. “We have been fortunate to have some of the gaming industry’s top creative talent crafting amazing, groundbreaking interactive entertainment products. With this new infusion of capital, Realtime Worlds is poised to deliver new original experiences to gamers around the globe and to push the boundaries of online gaming.”
Among Realtime Worlds games are the global hit franchises 'Lemmings' and 'Grand Theft Auto'. In 2006, the company received a $31m investment commitment from New Enterprise Associates, one of the world's leading venture capital firms. enabled Realtime Worlds to develop new and innovative videogame franchises and recruit top game development talent from around the world.
Source: http://www.realtimeworlds.com/