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MMO Developer Turbine Raises $40 Million Funding

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We mentioned a part of this raise in April…now it is complete: Turbine, a developer of MMO games has received $40 million third round funding. Time Warner (NYSE: TWX) and GGV Capital led the investment along with existing investors, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital. The Westwood, MA-based company has now raised over $90 million. The company’s chief title is its Lord Of The Rings-branded game. More details in release here.

Jun 4, 2008 9:20 AM ET

Posted In: Entertainment, Games, Money, M&A & Venture Capital, Venture Capital, Companies, Time Warner, columbia capital, ggv capital, highland capital partners, polaris venture partners, tudor ventures, turbine

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