San Francisco -- Linden Lab, the San Francisco-based developer of the "Second Life" 3D online world, said that it has raised $11 million in a recent round of venture capital financing. Globespan Capital Partners led the round, which also included participation from Benchmark Capital, Catamount Ventures, Omidyar Network, Amazon.com founder Jeff Bezos and Lotus founder Mitch Kapor. Founded in 1999, Linden Lab's "Second Life" online community, or "metaverse," now claims 165,000 residents and a virtual economy worth over $60 million a year. The company told CNET News.com it will use the funds to bolster its staff and for international expansion.
http://biz.yahoo.com/prnews/060328/sftu070.html?.v=47
http://news.com.com/Second+Life+scores+11+million+in+funding/2100-1043_3-6054598.html?tag=cd.top
http://www.secondlife.com
Listings
Notices
Recent Posts
- San Jose-Based Adobe Systems Acquires Behance
- Santa Clara-Based Coherent Acquires Germany's Lumera Laser
- Gangnam Style Becomes First Video to Hit 1 Billion Views on YouTube
- Redwood Shores-Based Oracle to Acquire Eloqua for $871 Million
- Palo Alto-Based Pluribus Networks Raises $23 Million in Third Round
- Foxconn Acquires $200 Million Stake in San Mateo-Based GoPro
- Palo Alto-Based LUMO BodyTech Raises $5 Million in First Round
- Palo Alto-Based Signifyd Lands $2 Million in Seed Funding
- San Francisco-Based FitStar Raises $1M for Health and Fitness Platform
- National Geographic Suspending New Posts on Instagram
Editor: Rich Scherr
For news tips and editorial issues,
contact editor Rich Scherr at
rich@techwiremedia.com
For advertising information, contract
Parul Nath at parul@techwiremedia.com
A Service of Tech Wire Media
Archives
- December 16, 2012 - December 22, 2012
- December 9, 2012 - December 15, 2012
- December 2, 2012 - December 8, 2012
- November 25, 2012 - December 1, 2012
- November 18, 2012 - November 24, 2012
- November 11, 2012 - November 17, 2012
- November 4, 2012 - November 10, 2012
- October 28, 2012 - November 3, 2012
- October 21, 2012 - October 27, 2012
- October 14, 2012 - October 20, 2012
