Investors pour $161 million into 16 virtual worlds in second quarter
Google blessed the virtual world market with its own entry yesterday. But it is hardly alone. Investors poured $161 million in 16 virtual world companies in the second quarter, according to Virtual Worlds Management.
The investments help put the launch of Lively by Google into perspective…. Continue Reading
Roundup: Giving up on the “mobile web,” cleantech gets crunched, and more
Here’s the latest action:
Mobile enthusiast gives up on “mobile web” – Russell Beattie, a Silicon Valley developer and mobile enthusiast who spent two years working at Yahoo Mobile before launching a start-up called Mowser, has given up on the mobile sector. He writes: “The general… Continue Reading
Realtime Worlds, new gaming company, raises $31M
Realtime Worlds, a Dundee, Scotland video game developer led by David Jones creator of the popular Grand Theft Auto game, has raised $31 million in financing.
The funding comes from New Enterprise Associates, a Silicon Valley venture capital firm that continues to make huge bets like… Continue Reading