informa
News

Realtime Worlds Confirms $50 Million Funding Deal

Officials from Scottish developer Realtime Worlds, best known for Xbox 360 title Crackdown and the forthcoming massively multiplayer online title APB have confirmed earlier reports that the company has raised $50 million in Series B funding.
Officials from Scottish developer Realtime Worlds, best known for Xbox 360 title Crackdown and the forthcoming massively multiplayer online title APB, have confirmed earlier reports that the company has raised $50 million in Series B funding. The funding was led by investment firm Maverick Capital, with additional contributions from existing investors New Enterprise Associates and WPP. The deal follows a $31 million funding investment in 2006, from U.S. venture capital firm New Enterprise Associates (NEA). Realtime Worlds was founded by CEO and creative director David Jones, the original founder of developer DMA Design - now Rockstar North. At DMA Design, Jones oversaw the creation of the best selling Grand Theft Auto and Lemmings franchises, before leaving to form Realtime Worlds in 2002. “Securing funding of this size from partners that are leading the financial and marketing communications industries further affirms Realtime Worlds’ position as one of the most creative, respected and successful game development companies in the world,” said Jones. “Since our founding, 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,” he added.

Latest Jobs

Sucker Punch Productions

Bellevue, Washington
08.27.21
Combat Designer

Xbox Graphics

Redmond, Washington
08.27.21
Senior Software Engineer: GPU Compilers

Insomniac Games

Burbank, California
08.27.21
Systems Designer

Deep Silver Volition

Champaign, Illinois
08.27.21
Senior Environment Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more