Scotland-based developer Realtime Worlds (
Crackdown) has reportedly raised $50 million in its third funding round led by Maverick Capital.
This announcement follows the $31 million in funding
it received from U.S. venture capital firm New Enterprise Associates (NEA) in 2006.
Consumer tech news site TechCrunch
cites a source with "knowledge of the deal," adding that Montgomery & Co, the dealmakers who represented Club Penguin in its $700 million sale to Disney, are likely also advisors on this deal.
Realtime Worlds was founded by CEO and creative director David Jones, who created the
Grand Theft Auto and
Lemmings games franchises at DMA Design, now renamed as Rockstar North.
In addition to its critically acclaimed Xbox 360 title
Crackdown, which
took the Best Debut award at the most recent Game Developers Choice Awards, the company is currently working with Korea's Webzen on the modern day cops and robbers MMO
APB, which he
discussed at length at this year's GDC.
