Darlings sell Codemasters

Company gets £50m investment from Goldman Sachs. has revealed that Balderton Capital has purchased the Darling family's share of Codemasters - and that the company has just secured GBP 50 million in financing.

Ynon Kreiz, a general partner of Balderton and Codemasters board member, commented, "Codemasters is now fully funded and ready for its next stage of growth, with a great pipeline of new products and a world-class management in place.

"We are grateful for the contribution made by Jim, David and Richard and the key role they played to position the company for the future."

Codemasters recently released hit MMORPG Lord of the Rings Online, while forthcoming titles include Colin McRae: DiRT and Overlord.

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