ss_blog_claim=2cd32b80555694b28969dd9cea0fe171

$1 billion invested in 35 virtual world companies in past 12 months

Virtual Worlds Management revealed its findings from a comprehensive study of accountable transactions that venture capital, technology and media firms have invested more than $1 billion dollars in 35 virtual worlds companies in the past 12 months, from October 2006 to October 2007.

Of the $1 billion, $196.8 million was invested in 33 companies. Significant investors in the space include Redpoint Ventures, Charles River Ventures, Intel, and Rustic Canyon Partners. Media companies are also making sizable investments, including Disney, CBS, Time Warner, and GE/NBC Universal’s Peacock Equity Fund. The remaining $810 million went to two acquisitions: Walt Disney’s $700 million acquisition of Club Penguin and Intel’s $110 million acquisition of 3D virtual worlds graphics technology company Havok.

Investment spanned the entire virtual worlds value chain, including technology platform companies, virtual worlds developers, service providers and tools providers. Business models of the companies raising capital vary, ranging from advertising and subscriptions to virtual item sales, to enterprise software licensing, hosting and services.

virtual.png

Related posts:

  1. Millions of Us enters $1.5 billion virtual goods market with Virtual Greats
  2. U.S. Web 2.0 investment jumps 88% in 2007 to $1.34 billion
  3. Hollywood studios enter the virtual world
  4. Intel Capital announces $31 million in 6 investments
  5. Nickelodeon/MTVN Kids plans to develop and produce new virtual worlds

Do you like this article? Submit it to Blogosphere News!

One lonesome reply...

  1. This is definitely interesting and I want to point out that http://www.citypixel.com is another virtual world site that myself and other investors have our eyes on.

    By Alvin on October 7, 2007 2:01 pm

What do you think?