Monday, January 26, 2009

That's VC entertainment: Game, virtual world fundings top $885M

In 2008, VentureBeat chronicled lots of game and virtual world
fundings. Our updated list shows 93 game companies that raised more
than $885.6 million worth of venture capital and angel funds.

That’s nothing compared to the $8.4 billion or so going into cleantech,
but it’s probably one of the biggest years for venture investment in
video game companies. Many of these companies may shut down because of
the recession.

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