Trilogy Studios Closes Series B Funding
8/29/07 – Santa Monica-based Trilogy Studios, a videogame and virtual world development startup, today announced it has completed a second round of independent equity funding, totaling $3.2 million. The company says the funds will be allocated to expand the company’s virtual world and casual massively multiplayer online businesses.
Trilogy also says that Michael Wilson, CEO of Makena Technologies and producer of There.com, has joined the company’s board of directors. Wilson brings more than 25 years of experience in the e-commerce and online community building fields to the company, having previously held executive positions at eBay and Oracle.
Trilogy, founded in 2005, develops virtual worlds and console games for the Playstation 3, Xbox 360 and PCs. The company says it offers major media companies the opportunity to promote and monetize their content and new entertainment properties in the online space through micro-transactions, premium subscriptions, e-commerce, sponsorship and advertising. The company recently designed and launched MTV Networks’ online virtual “Pimp My Ride” site.
The company raised $2.9 million in funding when the company launched.
Trilogy Studios – www.trilogystudios.com
