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Sparkplay Media Raises Raises $4.25 Million First Round For Browser-Based MMO

By Joseph Weisenthal - Thu 14 Feb 2008 11:12 AM PST

Mill Valley, CA-based Sparkplay Media, a developer of 3D browser-based MMOs, has raised a $4.25 million first round from Redpoint Ventures and Prism Ventures. The company, which has been bootstrapped heretofore, will use the funds to build out its first game, Earth Eternal. It claims its platform combines traditional gameplay with social networking, a similar pitch as Rocketon, which recently raised $5 million. CEO Matt Mihaly founded Iron Realms Entertainment and is a MMO industry veteran. Release.

Posted in: Entertainment, Gaming, Virtual worlds, Social Media, Community, VC+M&A, Venture Capital

Tags: sparkplay media, prism ventures, redpoint ventures,


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