Angels shine on virtual world creator Multiverse with $2.4M
Multiverse Network, creator of highly customizable virtual worlds and games, just roped $2.4 million in angel funding to help sustain itself through 2010 (and hopefully the whole of the recession). Its platform, pliable enough to fabricate a digital environment resembling the Titanic for historical education purposes, gives software developers the tools they need to build and launch worlds of their own.
These developers can even monetize their creations (many of them massively multiplayer online games) as… Continue Reading
Multiverse fires off a salvo of virtual world announcements
Multiverse has created a technology for creating virtual worlds that others can customize as they like. The company is announcing a series of deals at the Virtual Worlds Conference and Expo in Los Angeles today.
Each deal is interesting in itself. The first is that Mountain View, Calif.-based Multiverse will develop a virtual world based on James Cameron’s “Titanic” movie. Dubbed “Places in Time: Titanic,” the world will educate its users about the historic Titanic voyage,… Continue Reading
Introducing VastPark, the owner of OpenSocial.com
OpenSocial, Google’s ambitious project to set standards for developers across Web sites, won accolades all round.
Except for its funky URL: http://code.google.com/apis/opensocial/. You’ll never remember it.
Guess who owns www.OpenSocial.com.
Answer: An Australian company called VastPark which, it turns out, has an open vision that is very similar to Google’s. The difference is, VastPark wants to let people port virtual products across virtual worlds. Just as Google wants to be break the vise-lock Facebook has on social networking,… Continue Reading
Multiverse raises $4M for virtual world offering
Multiverse, a Mountain View, Calif. company that provides a tool-kit for develops to build multiplayer online games and virtual worlds and then make money off them if they want, said it has raised $4.175 million in a first round of funding.
The company is co-founded by Bill Turpin, a Web pioneer whose first company helped create the beginnings of what later became JavaScript, and an HTML Web page creator that was built into the early… Continue Reading
Virtual world co., Multiverse, raises $850,000 more in debt
Multiverse, a Mountain View company that builds virtual worlds for companies and individuals, said it has raised $850,000 in convertible debt from unnamed angel investors as it searches to raise a first round of capital, according to VentureWire (sub required).
There’s an overview article mentioning Multiverse and other virtual world companies in BusinessWeek.
From VentureWire:
Multiverse co-founder and Chief Executive Bill Turpin said the company has raised $2 million in convertible debt to date from 10 angel investors,… Continue Reading