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Worlds in Motion is reporting that Sparkplay Media has recently secured $4.25 million in venture capital for their currently-in-development MMOG Earth Eternal.
Startup developer-publisher Sparkplay Media has announced that it has secured $4.25 million in financing from Redpoint Ventures and Prism Ventureworks.
The company says it will use the funds to expand development of its first MMO, Earth Eternal, as well as other browser-based 3D multiplayer games.
Sparkplay was founded by former Iron Realms (Achaea) principals Matt Mihaly, Chris Kohnert and David Kaye, and the management team also includes veteran development consultant Martin Best as VP of production. The company indicates that its vision encompasses both MMOs and virtual worlds.
Read more about it in and discuss it in our forums.
[Via Worlds in Motion]
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