Blog Post

Online Gamer Trion Gets $70 Million Third Round; All Backers Re-Up

imageOnline gamer Trion World Network has raised a large, $70 million third round led by Act II Capital, along with all previous backers, which include DCM and Trinity Ventures, and B-round Rustic Canyon, Time Warner (NYSE: TWX), Peacock Equity (the NBCU/GE JV) and Bertelsmann. The company raised a $30 million second round last summer led by Rustic Canyon, and its total raise now stands at over $100 million. Trion’s big haul is made more notably by the fact that it was only founded in 2006 by Lars Buttler, former formerly of Electronic Arts (NSDQ: ERTS), and game designer Jon Van Caneghem. The Redwood City, CA-based company currently has two games in development, one of which is a MMO designed by Canegham. Release.