Trion Raises $85 Million in New Funding
A little more industry-oriented than usual, but Trion Worlds has managed to secure $85 million in new funding, with this round led by none other than... the Ontario Teachers' Pension Plan! There are some other interesting tidbits to note within the news article from CNBC, including the fact that Trion is "eyeing the public markets," and that RIFT has generated $100 million in revenue in a mere 10 months during 2011.
CEO Lars Buttler notes that Rift is profitable and that the game will soon be coming in South Korea between April and June, and China at a later date. Additionally, Buttler notes that the $85m in funding will serve as the company's "warchest," which they can then use to aggressively pursue acquisitions or potential IPs. The future's looking good for Trion!