Tuesday, October 27, 2009

Sequoia Invests in Unity Technologies

Former Blues Brother and now Sequoia Capital partner Roelof Botha http://images.google.com/imgres?imgurl=http://i2.cdn.turner.com/money/galleries/2008/fortune/0807/gallery.lashinsky_newkleiner.fortune/images/roelof_botha.jpg&imgrefurl=http://money.cnn.com/galleries/2008/fortune/0807/gallery.lashinsky_newkleiner.fortune/2.html&usg=__v2HwLMxdWtVaP9xz7Ft5eA8b3K8=&h=320&w=240&sz=12&hl=en&start=1&sig2=hJaxcTmPtGDfwWOw6Gy4rg&um=1&tbnid=E5q_xUsXczOVeM:&tbnh=118&tbnw=89&prev=/images%3Fq%3Droelof%2Bbotha%26hl%3Den%26sa%3DN%26um%3D1&ei=bbPmSpesMZCwsAaJ-PziBQ
has confirmed earlier reports of a Sequoia-led $5.5 million funding round with multiplatform game development platform Unity Technologies with the following statement today: "We are very excited to be involved with Unity Technologies at a time when the demand for interactive content continues to grow exponentially," Botha said. "We are seeing interactive content everywhere from game consoles to online virtual worlds and social networking websites. Unity Technologies is pioneering breakthrough products to allow developers to best respond to this demand. They are well positioned to become the standard for high quality content development." The financing round also included David Gardner, the CEO of Atari, and Diane Greene, founder and former CEO of VMware. Botha and Greene will be joining the Unity board of directors. Companies currently using the game engine include Electronic Arts, in Tiger Woods Online, and Cartoon Network in its kid-friendly virtual world FusionFall.

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