[*NEW*: Want new players, revenue for your online game? Check out our Game Advertising Online network - 2 billion ads per month at inexpensive CPC rates!]

« Xivio, Alchemic Dream Partner For In-Game Support | Main | Japanese Magazine Devoted To Virtual Worlds Launches »

Wednesday, January 2, 2008

MMO Company IGG Raises $4.5 Million In Series A Funding

-MMO game developer-publisher IGG has announced it has raised $4.5 million in Series A funding in a round led by IDG Technology Venture Investment. The company's portal currently offers multiplayer online RPGs including Tales of Pirates, Zu Online and Myth War.

The company says the new funds will be used to expand global sales and marketing, to implement strategic plans, and to further game development. The company will also use the funds to market games in more regions and in different languages.

IGG initially launched its first game, Myth War in May 2006, and currently features a total of 6 MMORPGs. The company claims over 3.5 million registered users as of Q3 2007 across North America.

Said the company in an official statement, "IGG believes that, by growing together with the global business and technology partners as well as the royal users, it will become a key player in the online gaming world in the foreseeable future."

[]
Posted by Leigh Alexander on January 2, 2008 10:02 AM |

Comments

IGG does not care about its customers are its players.. They have a hacking problem in there game "voyage century online", and instead of fixing the hack problem, they point fingers at the customers.. IGG as a good habit of avoding blame by blaming the players. I don't see this company "become a key player in the online gaming world in the foreseeable future". Stop by there game forums, and read the players comments about them. There going down hill, in there players base fast.

There are fare more problems with this gaming company, but i have not the well nor time to post it. All the above is basic info i read off there forums, when investigating IGG(posted by customer's/players).

umm never play igg games they know who hack in the games but still thy didnt do anythng and blame others and deleted other gears

all hackers are from indonesia in igg games

Post a comment


If you enjoy reading GameSetWatch.com, you might also want to check out these CMP Game Group sites:

Gamasutra (the 'art and business of games'.)

Game Career Guide (for student game developers.)

Indie Games (for independent game players/developers.)

Finger Gaming (news, reviews, and analysis on iPhone and iPod Touch games.)

GamerBytes (for the latest console digital download news.)

Worlds In Motion (discussing the business of online worlds.)

Weekly Archive

WorldsInMotion.biz [Twitter / RSS feed] discusses the business of connected games - from social gaming through free to play games to core MMOs and beyond - and is created by the folks behind:



The next WiM-affiliated event is the major new conference:


...the must-attend event for social, online, MMO, and connected gaming -- Austin, TX, October 5th-8th, 2010.

Copyright © UBM TechWeb