Third round of capital sourcing headed by Maverick Capital

Realtime Worlds gets $50 million funding

Realtime Worlds has secured $50 million in its third financing round, reports Tech Crunch.

The Crackdown developer has previously been active in securing funding, having accumulated $33 million in capital from CIM Fund and NEA in the past.

It’s assumed the money will be used to continue development of APB, due for release by Webzen this year, as well as future projects.

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470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).