Pulse2 Technology and Social Media News » Turbine http://pulse2.com Sun, 27 May 2012 19:13:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Turbine Raises $6.6 Million For Developing Online Nerd Games http://pulse2.com/2009/08/12/turbine-raises-66-million-for-developing-online-nerd-games/ http://pulse2.com/2009/08/12/turbine-raises-66-million-for-developing-online-nerd-games/#comments Wed, 12 Aug 2009 14:32:02 +0000 Amit Chowdhry http://pulse2.com/?p=18675 Continue reading →]]> turbine-logo
Turbine has raised $6.6 million out a planned $50 million round of funding.  Turbine builds online games based on The Lord of the Rings, Dungeons & Dragons, and Asheron’s Call.

Turbine directly competes with Activision Blizzard, the developer of World of Warcraft.  Turbine plans to release Dungeons & Dragons Online into a free game later this year called Eberron Unlimited.

Investors in Turbine include Columbia Capital, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, and Granite Global Ventures.  Turbine previously raised $95 million.  The company has about 300 employees.

The company is even planning on announcing their first console game in the near future.  Turbine may even buy out another gaming company.

[via PEHub/alarm:clock]

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