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