Trion Worlds develops large-scale massively multiplayer online games and a distributed server platform that hosts gameplay in its cloud. Its first title, Rift, reached more than one million activated accounts in under four months and uses a monthly subscription revenue model. The company reported North American and European revenues surpassing $100 million in 2011. Trion has invested tens of millions in its software/hardware infrastructure and is building platform initiatives—branded Red Door—to run third-party games and offer a consumer-facing storefront. It is developing additional projects including End of Nations (with Petroglyph Games) and Defiance, a partnership with the Syfy Channel that ties a TV show to online gameplay. With the new capital, Trion plans to continue scaling infrastructure, experiment with business models, and expand its platform and game slate; Reuters has reported the company is thinking about an IPO. Trion World Network is an online games developer whose titles run on company servers rather than on users' machines. That server-based architecture keeps gameplay, characters, and player interactions on Trion’s servers, enabling the company to remodel less-played portions of games and add content on-the-fly. Consumers need only a few simple downloads to run Trion’s games on their computers. Trion is developing its first MMORPG in partnership with NBC Universal’s Sci‑Fi channel and a separate fantasy MMORPG with designer Jon Van Caneghem. The company raised $70 million in a Series C round, indicating investor confidence in its approach and the broader popularity of gaming. No release dates or detailed operating metrics were disclosed in the article.

Total raised

$155M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2012