Turbine Confirms $40 Million Series C Round

Wade Roush6/4/08

We reported on April 30 that Turbine Entertainment, publisher of The Lord of the Rings Online and other popular massively multiplayer online games, had raised $40 million in a Series C venture round, bringing its total financing to some $90 million. Now Turbine has confirmed the news, adding one bit of additional information: Time Warner is co-leader of the round, alongside GGV Capital. Existing investors Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, and Columbia Capital also participated.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @