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Crackdown creator gets huge investment for forthcoming MMO

apb.jpg

And when we say huge, we mean huge. As in $50 million. Fifty. Million. Dollars. Clearly Realtime Worlds' new game has the X-Factor for potential investors.

Videogames might well be big business these days, but rarely do console games get such an injection of venture funding. But APB is different, because it's a massively multiplayer online game. And there's a lot of money in that particular genre. Just look at World of Warcraft.

Having GTA creator David Jones on board will clearly have helped the developer's case, as will the success of their brilliant cel-shaded free-roamer, Crackdown. But what gets us really excited is that, to get that kind of investment, it must also be easy to sell the concept to the money men. Which basically means this: it's already looking all kinds of awesome. And with such a gigantic wodge of cash to spend, surely now it can only get better and better.

Source: VentureBeat via Kotaku

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Posted by Chris Schilling on March 31, 2008 in Games | Permalink

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