The funding, which was led by Sterling Stamos Capital Management, will go towards hiring new employees, finishing off version 1.0 of the company's MMO platform and launching its consumer network of games and virtual worlds, the company said in a statement.
"We believe that Multiverse will play a fundamental role in the growth of virtual worlds and multiplayer games," stated Joanna Strober, director of private equity at Sterling Stamos and new board member at Multiverse. "Based on the Multiverse team's experience and creative vision, we believe they could become a $1 billion leader creating breakthrough applications for business, education, government and entertainment."
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
"The best games of the year and the creative teams behind them were in the spotlight at the grand award ceremony of the German Computer Game Award 2024." - German Computer Game Awards.
Seven months after its infamous launch, the Van Gogh Museum is restocking its popular Pokémon collaboration items -- and selling out fast.