Newsbrief: HTML5 browser-based games studio Illyriad Games has raised new funds for its popular MMO browser game
Illyriad, valuing the company at $1.75 million.
Illyriad was released last year and features a persistent fantasy world in which players start with a single town, and expand their civilization by conquering neighboring cities and lands.
The London-based company plans to use the funds to accelerate
Illyriad development, while also hiring several new people to the team.