Hearst’s Gazillion gains further $60m

Nov 9, 2010 • James Mawson

Singapore's sovereign wealth fund Temasek led the $60m round for Gazillion Entertainment, a developer of massively multiplayer online games formerly known as NR2B Research backed by publisher Hearst.

Gazillion Entertainment, a developer of massively multiplayer online games formerly known as NR2B Research backed by publisher Hearst, has gained $60m in its latest round.

Singapore’s sovereign wealth fund Temasek led the round and the company said its other investors included Hearst, venture capital (VC) firms Oak Investments, Revolution Ventures (where Gazillion’s chief executive and founder, Robert Hutter, is still a partner), Pelion Venture Partners (renamed after the merger of Utah Ventures and Novell Ventures), and the United Arab Emirates’…

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