Realtime Worlds set to expand: $31 million venture funding

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Dundee, Scotland-based Realtime Worlds has received $31 million in funding from New Enterprise Associates, a tier one VC firm.

 Realtime developed such games franchises as Grand Theft Auto.They anticipate releasing their first title, Crackdown, for the XBox 360 in 2007 and this will be published by Microsoft Game Studios.

David Jones, CEO of Realtime expressed his excitement for partnering with NEA and sees this union as opening up “a bigger world …in terms of talent acquisition and resource development.”

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