Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.
Category:
News

Turbine Inc. Raises $40 Million in Latest Venture Capital Hunt

Image of Junaid Alam Legacy Author
Junaid Alam Legacy Author
|

Published: May 2, 2008 08:05 pm

This article is over 16 years old and may contain outdated information

The developers behind Lord of the Rings Online raised $40 million in their latest venture capital quest.

Turbine Inc. raised the money from Highland Capital Partners, Polaris Venture Partners, Columbia Capital, Tudor Ventures and Granite Global Ventures, whose managing partner enjoys a seat on Turbine’s board.

This is the third round of the company’s venture funding, which now stands at $88 million.

Turbine, also responsible for Dungeons & Dragons Online and Asheron’s Call, has proven fairly successful with Lords of the Rings Online, which has managed to wrest a respectable subscriber base from World of Warcraft. It netted an 86 review score on Metacritic.com

Source: Ars Technica

Recommended Videos
The Escapist is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
related content
Author
Image of Junaid Alam Legacy Author
Junaid Alam Legacy Author