Realtime Worlds gets $50M in Series B

Realtime Worlds made its name  with Crackdown an open-ended sandbox super-hero game for the Xbox 360. It's new project, though, is the massively multiplayer online game All Points Bulletin. With a target release date in 2008, the switch from open-ended game to virtual world has generated quite a bit of interest and, it seems, helped with cash. Realtime announced today that it had received $50 million in a round of Series B funding led by Maverick Capital with participation from previous investor New Enterprise Associates and new investor WPP. Realtime says the funding is aimed generally at new properties and specifically at  online experiences.  “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,”  David Jones, founder and CEO, Realtime Worlds, said in a statement.  “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.”