Trion Worlds wins $85m investment

Up-and-coming MMO specialist Trion Worlds has received a massive financial boost towards the company’s ongoing expansion.

The publisher secured $85 million from Ontario Teachers’ Pension Plan and current investor Bertelsmann Digital Media Investments.

"We are thrilled about entering this exciting period of growth and scale with our investors," said Trion Worlds’ founder and CEO Lars Buttler.

"Backing from a stalwart long-term investor such as Teachers’, which has the experience and structure to support our vision, and the expanded relationship with our current stakeholder and great supporter, BDMI, is a massive endorsement for Trion."

Trion Worlds released its first game, Rift, in March 2011. The MMORPG has since generated revenues of more than $100m in North America and Europe.

The company will release its second title, an MMORTS entitled End of Nations later this year. It is also working with Syfy on an ambitious action MMO Defiance, which will merge the worlds of TV and video games.

Meanwhile, Trion is working on a new technology platform, code-named Red Door, that will host games for the publisher’s partners.

About MCV Staff

Check Also

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).