Multiverse Raises $850,000 to Create Virtual Worlds

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Multiverse Raises $850,000 to Create Virtual Worlds
April 17, 2007

Multiverse raised $850,000 in convertible debt and has raised other convertible debt in the past. Investors were not named and they seek their first round of funding.

What does Multiverse do?

Multiverse has created a new technology platform designed to assist game developers with the resources they need to enter the online game market more easily.

VCU says:

Multiverse is assisting indie deverlopers in competition with the larger publishers and providing them a platform to allow them to be competitive.

They claim their platform will assist developers in creating high-quality, Massively Multiplayer Online Games (MMOGs) and other non-game virtual worlds for less money and in less time, thereby more efficient and competitive. Their solution has pre-coded client-server infrastructure and tools and free content.

You can download the Multiverse code (SDK) with a sample game and documentation, and take a look at their upcoming games page to see who and what has been created with their tools.

They also have a developer marketplace for developers to buy and sell assets they have created to others.

As a developer the code is free and Multiverse makes its money through revenue-sharing, taking a piece of the sale only when you make money.

Great site, too much to list here, take a look at their site: Multiverse.

Read more about Bill Turpin here.

Read more about Rafhael Cedeno here.

Read more about Robin McCollum here.



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