Trion Worlds Completes $85M Equity Financing

Trion Worlds, a Redwood City, Calif.-based publisher and developer of connected video games, has completed an $85m round of strategic growth equity financing.

The round was led by Ontario Teachers’ Pension Plan, with participation from existing investor Bertelsmann Digital Media Investments (BDMI).

The company intends to use the the funds to further grow its worldwide online games business.

Led by Founder and CEO Lars Buttler, Trion Worlds delivers dynamic, and social games operated as live services across video game genres, gaming platforms, and mass-market entertainment formats. The company, which has released its first massively multiplayer online role-playing game (MMORPG), Rift™, in March 2011, will launch its next titles, End of Nations™ and Defiance™, in 2012.
Trion also plans to launch Red Door, an initiative comprising both a consumer and a publishing and development platform to host premium games with end-to-end capabilities and customized services for partners.

The company has offices in San Diego, Calif., Austin, Texas, and at Trion Worlds Europe in London, UK.

FinSMEs

19/01/2012

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