Realtime Worlds gets USD 50 million

Major funding for Crackdown, APB developer.

Image credit: Eurogamer

News by Oli Welsh Former Editor-in-Chief

Updated on April 1, 2008

Crackdown developer Realtime Worlds has secured USD 50 million of financing, according to TechCrunch.com.

Maverick Capital led the deal, with Montgomery & Co advising. The latter money men helped sell the kids' virtual world, Club Penguin, to Disney for an astonishing 700 million dollars last year.

Of more interest to gamers, however, is the fact that Realtime Worlds now has considerable resources available to see through the development of its crime MMO, All Points Bulletin.

We saw APB at GDC this year and came away very impressed. Even Ellie liked it.

Keep an eye on Eurogamer's MMO channel for more on APB in the coming months.

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