Turbine Confirms $40 Million Series C Round

We reported on April 30 that Turbine Entertainment, publisher of The Lord of the Rings Online and other popular massively multiplayer online games, had raised $40 million in a Series C venture round, bringing its total financing to some $90 million. Now Turbine has confirmed the news, adding one bit of additional information: Time Warner is co-leader of the round, alongside GGV Capital. Existing investors Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, and Columbia Capital also participated.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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