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MMO Developer Turbine Raises $40 Million Funding

By Rafat Ali - Wed 04 Jun 2008 07:20 AM PST

We mentioned a part of this raise in April...now it is complete: Turbine, a developer of MMO games has received $40 million third round funding. Time Warner (NYSE: TWX) and GGV Capital led the investment along with existing investors, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital. The Westwood, MA-based company has now raised over $90 million. The company’s chief title is its Lord Of The Rings-branded game. More details in release here.

Posted in: Companies, Time Warner, Entertainment, Gaming, VC+M&A, Venture Capital

Tags: ggv capital, highland capital partners, tudor ventures, polaris venture partners, columbia capital, turbine,


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