TITLE

Trion World Downloads $70M

AUTHOR(S)
Lee, Michael
PUB. DATE
September 2008
SOURCE
Red Herring;9/23/2008, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reveals that online gaming startup Trion World Network has successfully raised $70 million in a third round funding deal. ACT II Capital served as lead investor in the deal, along with return investors Bertelsmann, DCM, Peacock Equity, Rustic Canyon, Time Warner and TrinityVentures. Trion's hosted gaming business appealed to investors because it promises to cut out the middleman and minimize piracy. The company is developing two multiplayer online games for North America and Europe.
ACCESSION #
36632231

 

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