Swiss Videogame Maker Funcom Raises 5 Million Euro

Kusnacht, Switzerland -- FunCom, a Switzerland-based developer of
massively multiplayer online video games (MMOGs), announced that it
has received 5 million euro in venture-capital financing. Nordic
Venture Partners led the round. "This is another great recognition of
Funcom as Europe's premier developer of MMOGs, and serves as a
tribute to the company and the quality of our games and technology,"
said FunCom Chairman Torleif Ahlsand. "There is a considerable
market potential for subscription-based online games, and Funcom is a
leader in technology and quality within the segment." FunCom, which
has U.S. offices in North Carolina, has developed titles including
"Anarchy Online" and the upcoming "Age of Conan: Hyborian
Adventures".
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