Virtual-world funding continues to flood in

CNet News.com
22 Apr 2008

Still dubious about whether virtual worlds can make for real businesses? The numbers may convince you otherwise.

According to a report out Tuesday from Virtual Worlds Management, the trade group that puts on the Virtual World conferences, a total of $184 million was invested in such businesses in the first quarter of 2008.

That money was spread across 23 companies, the report said.

The biggest investment listed in the report was $100 million from Temasek Holdings in a company called 9You, which is in the virtual-world and casual-games space.

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