Realtime Worlds raises $50 million

Scottish game developer secures more pots of money in third round of financing.

Realtime Worlds is currently working on APB, a modern-day massively multiplayer online game from the mind of Grand Theft Auto creator Dave Jones. Eschewing the swords-and-sorcery or proton-blaster pistols of many popular MMOGs, Realtime Worlds' latest lives in an urban environment, and promises to redefine the genre by sidelining repetitive quests and monster slaying, and emphasizing player personalization and customization options, along with ramped-up graphical fidelity.

To aid it in its goal, Realtime Worlds has secured $50 million of financing led by Maverick Capital, according to Tech Crunch. Realtime Worlds previously nabbed some $33 million in capital from CIM fund and NEA, and now has a total of $82.7 million in funding. Announced in 2005, APB is being published by Korean publishing house Webzen and is slated to arrive on the PC and Xbox 360 some time before the end of the year.

Founded in 2002, the company is based in Dundee in Scotland, where it is the largest independent game producer, and also has offices in Colorado and South Korea. Realtime Worlds won two BAFTA awards last year, for Best Use of Audio and Best Action and Adventure Game for Crackdown.

For more on APB, check out Dave Jones' session from this year's Game Developers Conference.

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Discussion

47 comments
uberjannie
uberjannie

the same as most other MMORPG's t8trg8tr. Webzen is making a more interesting MMO game though. Huxley. My money is on Huxley.

t8trg8tr
t8trg8tr

How much will the monthly fee be?

Hedfix
Hedfix

Have the fee payable upfront in MS points in monthly/weekly amounts and I'll consider it.

BangBangBoom
BangBangBoom

I really wanted this game but i don't know how i feel about additional fees to play. I hadn't even thought about them before reading these comments and now i feel let down.

Avenger1324
Avenger1324

Crackdown was great, but I'm not paying extra fees on top of Live just to play one game. I think monthly/annual fees will massively reduce the number of people playing, and any MMO needs that first M to be successful.

GeigerdolylWodd
GeigerdolylWodd

Wait a minute when did Emma post this? I mean sure its just now April Fool's day here in the U.S. but in U.K.? Isn't possible this could be an April Fool's Day joke because of the time zone difference?

MOB712
MOB712

@ haesuse That may have been a fanboy comment but he's right RTW has an exclusivity deal with MS and i doubt they're stupid enough to break that contract.

X-RS
X-RS

wow, das alotta money. weish i had higspeed... :(

ctg867
ctg867

Really? Before the end of the year? I so very much doubt that, but it is possible. Hey, Alone in the Dark, Too Human, and Duke Nukem: Forever are all rumored, or announced to have a release dates this year, and those games have been in development for YEARS, so APB getting released wouldn't be all that weird. Personally, I'm not really interested too much. Not an MMO person myself, don't like paying by month to play a game, regardless of it's justifications. I'd much rather prefer a Crackdown 2, which I'd expect mid to late next year.

Sydwynder
Sydwynder

Man I hope APB is something unique and different. Where's the screenshots?

Pete5506
Pete5506

Sounds cool, I will watch it

tatu2004
tatu2004

i'm buying APB no matter what....

majidok
majidok

And thanks Emma , for the Pun-Free headline .

majidok
majidok

And if the game didnt sell , what happens with that 88 million dollars ? P.S : I can see that jeff did the video review for crackdown . sigh*

Trooperdx3117
Trooperdx3117

If this game is as good as Crackdown then I might get it.

Superdude475
Superdude475

Sounds cool, I hope you have to pay monthly for it though.

Dilan120
Dilan120

Cool sounding game Might get it

Treifla
Treifla

the fact that the just secured 50 mil doesn't necessarily mean they haven't started, or they aren't that far in. it could just be a case of financing optimistically.

Josepiphus
Josepiphus

If the game is going to be released in the next 9 months I imagine most of this funding is being raised for a marketing push. If they managed to get 50 million out of an investment firm based on whatever beta they have playable now I'd say the chances of this game being good are extremely high. Too bad I hate MMOG.

Humorguy_basic
Humorguy_basic

I remember when PC gaming news was all about games! Now, with so few PC game releases , we now get news like this - of interest to hardly any gamer, and would not have been missed by any gamer if it wasn't reported!

Gribb85
Gribb85

Top of the world, Laddy!!

The_SandRock
The_SandRock

I was just in Dundee two weeks ago, it would've been cool to see their workplace, but I always find out about stuff like this after the fact.

ZhugeMarc
ZhugeMarc

I should probably walk along to their offices and ask for some of that cash.

haesuse
haesuse

to the fanboy saying there is not PS3 version, he can sleep well at night. This may be a quality title but probably a rather small time one. These guys are securing their profits from one title, and if there is a need for a PS3 version, there will be one, once some money comes in!

FraserAlexander
FraserAlexander

I think they could raise the money based on crackdown...but how did they raise money to make crackdown in the first place is what i want to know. ps. i think i owned a genesis game called crackdown that was top down co-op w/ crap graphics, but was fun at the time.

TooQuickStix
TooQuickStix

I agree, if they just locked up nearly half their funding, its a ways off. I like the modern age approach though, always good to try something new. While Crackdown did some good things, and for the most part I enjoyed it, I will say that towards the end of the game I really didnt want to play it anymore. The 'sandbox' world is great, but I need some structure and goals and rules and regulations. Crackdown just ended up with me blasting people with missles repetetivly. As I read in one review, once you get the grenade/missle launcher, the game is basically over, and I played on Psycho the whole way.

Alastes
Alastes

If they are still securing funding for the game (Assuming all 50 mil is for APB) then what are the chances this will be out by the end of the year? I bet were looking at next year before we see APB.

stevo_360
stevo_360

Come on Scottish developers!

warmaster670
warmaster670

"@ Gwarpup, yeah lots of 360 games do end up on pc, but most people can't really afford a $600 ps3 and a $1500-$2000 computer. A $275 xbox 360 is a much better choice." $600 doller PS3? $2000 computer? jeez, get your prices straight, you need no more than $1000 for a good computer, and if the 360 is "$275" then the PS3 is $400, not $600.

miiiguel
miiiguel

And it's not only that, I'm not "allowed" to put a PC and its cables and thingys in the living room, and it's massively more imersive to play in a big HD telly, with a proper surround system then "office desk". That's my feeling, though... I can't "office-desk" game anymore... it feels like work.

bessy67
bessy67

@ Gwarpup, yeah lots of 360 games do end up on pc, but most people can't really afford a $600 ps3 and a $1500-$2000 computer. A $275 xbox 360 is a much better choice.

BigDaddy973
BigDaddy973

I want to see more on the game, and really take it for a spin!!! Beta??? :)

mysterylobster
mysterylobster

I used to play this in the arcades 20 years ago.

Gwarpup
Gwarpup

Again if you have the best combo of systems, namely the PS3 and a good PC. You are the most covered gaming wise as well as in every other home capacity. You'll get everything that the 360 has eventually. Plus all the exclusives on the PS3 and bluray for all the new HD tvs being sold to families now on the cheap. Its a win win combo.

juggalo
juggalo

After the joy that was Crackdown these boys have my vote of confidence!

-GhostMLD-
-GhostMLD-

no ps3 version. im sleeping good at night!

VenomRitual
VenomRitual

yeah thorpe gots it down. it would be pretty awful if the money didn't go straight to making the game. but i think Realtime is gonna pullthrough. any release date?

Thorpe89
Thorpe89

I hope that funding gets put to good use.

Calmed_Fury
Calmed_Fury

hope to see it this year on the 360. they had a great gdc presentation so i cant wait to see more!!!

ColdRush88
ColdRush88

If only I could secure myself $50 million. Looking forward to APB so this should mean that more effort is going into the game and thus the game turns out awesome. I loved Crackdown. Amazing fun on multiplayer. :)

Hitman2500
Hitman2500

thats good more money to make the game better

reza
reza

"yippe the world was screaming for another mmo! Now I will get into the beta just to see how bad it can be to play with xbox360 people on p2p server lol" dude, you have no idea what you are talking about.

Franko_3
Franko_3

yippe the world was screaming for another mmo! Now I will get into the beta just to see how bad it can be to play with xbox360 people on p2p server lol

fearrich
fearrich

Blimey, never realised Crackdown was from Scotland! My respect for that game has just risen dramatically.:)

klugenbeel
klugenbeel

Crackdown 2? You really should, that game had a lot of potential, so a sequal might unlock the rest of what the frirst lacked!

jdukes247
jdukes247

i hope this means apb is still going to be released