Sparkplay gets $4.25m funding

US independent developer has secured $4.25m in a funding round.

The money comes from Redpoint Ventures and Prism Ventureworks and will be used to boost development of its browser-based massively multiplayer 3D games platform and its first MMO, Earth Eternal.

"We’ve been self-financing, and thus bootstrapping, for two years now and are incredibly excited about the chance to expand and accelerate our plans. We’re developing a different kind of game: one that combines compelling traditional MMO gameplay with new experiences that can be shared with friends on social networks and beyond,” commented Matt Mihaly, CEO of Sparkplay Media.

"We’re also very happy to have the great people at Redpoint and Prism backing us up. It’s gratifying that they share our vision of where MMOs and virtual worlds are heading and are willing to give us the chance to prove that vision to the market."