Trion World Network announced this morning that it has closed a Series C funding round in the amount of $70 million. The funding efforts were co-led by Act II Capital as well as an unnamed financial institution. In addition, all of the investors from the previous round also contributed.
“Trion is a pioneer in the video game market and we have been closely watching them develop into a world-class publisher and developer,” said Gus Tai, general partner, Trinity Ventures. “By participating in this new round of funding, we remain committed to helping them succeed and believe in their recipe, which combines powerful technologies, a seasoned executive team, and a rich pool of talented industry veterans to create something new and revolutionary.”
The company has announced two of their projects to date: one being a new MMO game with Jon Van Caneghem, and the other with the Sci-Fi Channel.
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