Realtime Worlds, creator of the video game Grand Theft Auto, has raised $50 million in a series B round of funding led by Maverick Capital. Other investors included New Enterprise Associates and WPP, a marketing services company.
The Dundee, Scotland-based company, which was founded in 2002, said that plans to use the money to develop new games, including its latest development work All Points Bulletin, a multiplayer online game. "Realtime Worlds is poised to deliver new original experiences to gamers around the globe and to push the boundaries of online gaming," CEO David Jones said in a statement.
Two years ago, the company raised $31 million from New Enterprise Associates.