Virtual Worlds Rake Real Cash: $148M in Q3

• Total Q3 investments into virtual worlds and MMOs came to $148.5 million according to Virtual Worlds Management.
• Amounts to a slight decrease from Q1 and Q2.
• Majority of cash given to worlds still in development.
• Biggest investment goes to Trion World Network, which raised a $70M series C round for a fantasy MMO along with a new property for the Sci-Fi Channel including plans for a co-developed show.

This space is going to get crowded… as mentioned in the article, Blizzard’s World of Warcraft continues to dominate the fantasy MMO genre. MMOs have high switching costs due to all the time players put into their characters, making it even harder for new competitors. Good luck Trion.

GigaOm

Tagged as: blizzard, Funding, Gaming, massive multiplayer games, massive multiplayer online games, massive multiplayer online role playing games, MMO, mmog, MMORPG, trion, trion world network, Virtual Worlds, virtual worlds management, world of warcraft