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Article: $1 Billion Invested in 35 Virtual Worlds Companies in the Past 12 Months.
- Article from:
- Business Wire
- Article date:
- October 3, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Research by Virtual Worlds Management Reveals 33 Companies Raise $196.8 Million, Two Companies Acquired for $810 Million
SAN JOSE, Calif. -- Virtual Worlds Management, the leading media company tracking the virtual worlds industry, has announced 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. The announcement comes just prior to the Virtual Worlds Conference and Expo taking place October 10-11, 2007, at the San Jose Convention Center in San Jose, California. The ...