• Montgomery & Co. Raises $50 Million For Realtime Worlds

    Michael Arrington

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    Friday, March 28th, 2008

    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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