Sparkplay Gets $4.25M in Series A

Sparkplay Media announced today that it had received $4.25 million in a Series A round of financing from Redpoint Ventures and Prism Ventureworks. Started by Iron Realms principals, the company plans to use the money to continue development of its browser-based MMO platform and first game, Earth Eternal.  "We've been self-financing, and thus bootstrapping, for two years now and are incredibly excited about the chance to expand and accelerate our plans. We're developing a different kind of game: one that combines compelling traditional MMO gameplay with new experiences that can be shared with friends on social networks and beyond," said Matt Mihaly, CEO of Sparkplay Media. "We're also very happy to have the great people at Redpoint and Prism backing us up. It's gratifying that they share our vision of where MMOs and virtual worlds are heading and are willing to give us the chance to prove that vision to the market."