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Tuesday, October 7, 2008

Investments: MindFuse Raise $1 Million in Funding

2008_10_03_mindfuse.jpgDeveloper of online virtual worlds MindFuse has announced that they have secured $1 million in funding from Keiretsu Forum angel investors for the development of massively multiplayer online games and virtual worlds.

Funds are to be used for working capital, expanding the team based in Berkeley, and the development of customer service and marketing.

The company has raised a total of 1.75 million since inception in 2006, and was founded by Joseph Walters, formerly of Shockwave and Skunk Studios, Matthew Le Merle and Ira Rothken.

Though the press release announcing the investment claims "the first game developed by MindFuse is to be announced, with a public beta in the spring of 2009," visitors to MindFuseGames.com are greeted by a detailed website for Gatheryn, "an interactive massive multi-player world of adventure, mystery and romance," where players "assume the role of a Victorian themed character as [they] explore, socialize and quest [their] way through the world."

“The richest massively multiplayer universes have been largely violent fantasy worlds,” said Joseph Walters, Chief Executive of MindFuse. “Casual, friendly games on the other hand feel more like a snack than a feast. MindFuse is going to bring the two types of gameplay and players together – simple, compelling games embedded in a deep three dimensional world.”

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