alarm:clock

Games - Monday, September 3, 2007

3D World Creator Media Machines Gets 1st Funding

media machines.png

With the smash success of Second Life, Habbo Hotel and a number of other 3D world around the world, the folks at Media Machines must be doing some soul searching. The company was founded after all in 2001 and one its founders Tony Parisi can lay claim to be a founding father of 3D world building. Meanwhile, Media Machines has waited in the wings.

To catch up, Media Machines has raised $9.4M in its first round of funding, says PEHub, in a round was led by Mohr Davidow Ventures.

Rather than create a virtual world itself, Media Machines has developed a 3D world engine that others can license.

View - site

Post a comment




Remember Me?


More Recent Articles

ThumbShopping Site Gilt Group Raises $40M at $400M Val

Thursday July 2, 2009

NYC's private shopping firm Gilt Groupe has raised $40M from General Atlantic and Matrix Partners at a $400M valuation. Gilt Groupe provides access, by invitation only, to men’s, women’s and children’s fashion and luxury brands at discount pri... Full Story

ThumbAH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck

Thursday July 2, 2009

AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s servi... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet