Realtime Worlds confirms $50m Series B

Games company Realtime Worlds has raised $50 million in a Series B round led by Maverick Capital, reports TechCrunch UK, news which confirms Michael Arington’s story in March. Existing investors New Enterprise Associates and WPP also participated to back the Scotland and Colorado based firm which previously raised nearly $33 million. Realtime has an exclusive partnership with Microsoft Game Studios and its first title, Crackdown for Xbox 360 in early 2007, sold about 1.4m copies, but the money looks likely to head towards it’s online games development. Realtime Worlds already runs is poised to release All Points Bulletin, a massively multiplayer online game. (Release)