informa
1 MIN READ
News

Report: Realtime Worlds Raises $50 Million In Funding

According to a new report, Scotland-based developer Realtime Worlds (Crackdown) has raised $50 million in its third funding round led by Maverick Capital, allowing continued work on titles such as upcoming PC MMO APB.
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.

Latest Jobs

Double Fine Productions

Hybrid, San Francisco CA, USA
10.25.23
Senior Systems Programmer

Purdue University

West Lafayette, IN, USA
11.14.23
Clinical Assistant Professor in Game Development

Digital Extremes

Remote
11.13.23
Lead AI Programmer
More Jobs   

CONNECT WITH US

Explore the
Advertise with
Follow us

Game Developer Job Board

Game Developer

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Advertise with

Game Developer

Engage game professionals and drive sales using an array of Game Developer media solutions to meet your objectives.

Learn More
Follow us

@gamedevdotcom

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