Corporate-backed massively multiplayer online (MMO) game developer Trion Worlds is considering an IPO, CEO Lars Buttler was reported as saying.
Bertelsmann, Time Warner and Comcast-backed online games company Trion Worlds is reportedly considering an initial public offering (IPO).
Trion’s chief executive Lars Buttler told news provider Reuters his company was planning a flotation having raised more than $100m from investors, including corporate venturing units Time Warner Investments, Bertelsmann Digital Media Investments, and Peacock Equity, which represented NBC Universal and is now part of Comcast Ventures.
Venture capital firms Rustic Canyon Partners, Doll Capital Management and Trinity Ventures joined the corporates in…