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Crackdown Team Secures $50M Investor Funding

| 15 Apr 2008 14:25

Developers of the Xbox 360 title Crackdown confirmed they have secured $50 million of investment funding.

Earlier reports last month indicated that the Series B funding was led by Maverick Capital and two existing investors, New Enterprise Associates and WPP, details now confirmed by Realtime Worlds.

"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," commented David Jones, founder and CEO of Realtime Worlds.

"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," he added.

The company is currently working on a new title, All Points Bulletin.

Source: Gamesindustry.biz

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