Scottish game developer Realtime Worlds has raised $50 million in a third round of financing led by Maverick Capital, says a source with knowledge of the deal.
The company previously raised nearly $33 million in capital from CIM Fund and NEA. We’ve also heard that Montgomery & Co. were advisors on the deal.
Realtime Worlds is behind a number of game titles on a variety of platforms, including Mobile Forces, Crackdown and the upcoming All Points Bulletin.
Montgomery & Co. is an extremely busy dealmaker these days. They are also reported to be working with Meebo on a big new round of financing, as well as doing mergers and acquisitions work for a number of well known startups. They also represented Club Penguin in their $700 million sale to Disney in August 2007.
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Wow, good going guys! Dundee, Scotland FTW!
hehe great thank you.
50 million dollars. wow
That’s real money!
Nice chunk of change, sounds like more than what they would need. Wondering how much M$Co gets…
Anyone know who the key dealmakers are at Montgomery and Co. behind this and the Club Penguin deal?
Congrats to them, solid team. People don’t realize how damn complicated these games are. As someone who has done both gaming and web, I must say games are much, much more difficult. Web has its challenges as well though. Anyways, congrats to Realtime Worlds, I wish them the best.