Update
Gaia Online, the virtual world for teens, siad media conglomerate Time Warner has invested an undisclosed amount in the company. Update: The amount was for a couple million, I’ve heard, and it was part of the previous round the company raised.
San Jose, Calif.’s Gaia says it has nearly three million monthly users. It also has a growing population of users on Bebo, who sign into the Gaia OMG application and play a miniature version of the virtual world (see our article from earlier today).
Time Warner movie studio Warner Bros. has previously shown movies within Gaia, via a virtual theatre.
Gaia has more than $1 million in virtual goods sold per month, and it sees around 100,000 completed transactions per day, it said.
The company has previously raised more than $20 million in previous rounds from DAG Ventures, which led the last round, as well as earlier investors Benchmark Capital and Redpoint Ventures. Update: It also raised a round last year from Sony.
12:29 am
Markets and Investments » Time Warner Invests In Community Site Gaia Online, Following Sony said:
[...] virtual space “hangout” geared towards young people. The amount was not disclosed, reports VentureBeat. Late last year the company announced an investment from Sony Pictures, and a tie-up with Sony and [...]
3:41 am
GameAds - Game Advertising Weblog » Time Warner investeert in Gaia Online said:
[...] van Gaia Online. Dit lijkt met een nieuwe investering van Time Warner dichterbij te komen. Aldus Venturebeat op hun website. Gaia claimt meer dan drie miljoen bezoekers per maand te [...]
1:40 pm
Time Warner invierte en Gaia Online Tecnolives said:
[...] acuerdo a este informe de VentureBeat, Time Warner Studios acaba de invertir una gran suma en Gaia Online, un mundo virtual de contenido [...]
10:36 pm
ONLINE SERVICES/INTERACTIVE MEDIA « Daily Marauder said:
[...] San Jose, Calif.-based Gaia, in a virtual theater that Gaia virtual world characters can attend. (http://venturebeat.com/2008/01/08/time-warner-invests-in-teen-virtual-world-gaia-online [...]
4:32 am
GeorgeHopkin.com » Blog Archive » Digital projects, super broadband, social networking and Google’s running costs said:
[...] More: http://venturebeat.com/2008/01/08/time-warner-invests-in-teen-virtual-world-gaia-online/ [...]
7:32 am
Social Apps » Blog Archive » ime Warner Invests in Gaia Online said:
[...] Link [...]
8:44 am
王瑞斌：IdeaNext » Blog Archive » 时代华纳投资青少年虚拟世界Gaia Online said:
[...] http://venturebeat.com/2008/01/08/time-warner-invests-in-teen-virtual-world-gaia-online [...]
5:26 pm
VentureBeat » Ventures into Hollywood: Sandlot’s Don Herman, on investing in movies said:
[...] more open-minded, he says, as it explores new forms of digital distribution. (For more on that, see our recent coverage of Time Warner investing in Gaia Online. Time Warner has already been running virtual movies with [...]
5:27 pm
VentureBeat » Ventures into Hollywood: Sandlot Venture Group said:
[...] more open-minded, he says, as it explores new forms of digital distribution. (For more on that, see our recent coverage of Time Warner investing in Gaia Online. Time Warner has already been running virtual movies with [...]
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