Big Fish Games snags $83 million for expansion
Filed under: Business models, Events, real-world, MMO industry, Free-to-play, Browser
In what is touted as the the largest investment of venture capital for a U.S. online gaming company, Big Fish Games has recently secured $83.3 million in funding from VC firms Balderton Capital, General Catalyst Partners and Salmon River Capital. This is all in addition to the $8.7 million they received in 2005, making this developer one of the most heavily-funded out there.You may remember in November of last year when Big Fish acquired MMO developer Thinglefin which was founded by Jeremy Friesen and Ryan O'Rourke, formerly of Monolith and Sony Online Entertainment. These industry vets have previously worked on The Matrix Online and Asheron's Call. This new MMO from Thinglefin is described as a free-to-play, browser-based MMO, and is currently still in development.
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