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$6.3m investment brings Funcom ‘back on track’

Troubled MMO developer Funcom has been bailed out of negative equity by an injection of investment money. The LEGO Minifigures Online, Age of Conan and The Secret World creator had previously been sat at –$10m, which has now been reversed to +$4m thanks to $6.3m in private placement investment. The …

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Funcom developing three new Conan titles

Funcom has reunited with Conan the Barbarian, revealing a new publishing agreement with Conan Properties. The deal makes Funcom the preferred partner” for PC and console releases based around Conan and Hyboria. The developer will reveal the first of three in-development games this January – the other two will be …

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Funcom bringing LEGO Minifigures Online to Fire TV

Online title LEGO Minifigures Online is being ported to Amazon’s Fire TV and Fire HDX tablets. Funcom’s game is already available on PC and has versions in the works for iOS and Android tablets. In-game content is unlocked via codes included in series 12 of LEGO’s physical Minifigure packs. Fire …

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Funcom’s LEGO MMO gets £1m funding boost

Funcom has secured 960,000 in additional funds for the development and release of its upcoming MMO LEGO Minifigures Online. The extra money is part of a deal in 2012 with US firm Yorkville Advisors, which offered the company access to additional funds if needed within 36 months. Following the agreement, …

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Funcom quarterly revenue suffers significant decline

The Secret World developer Funcom has posted financial results for its most recent completed quarter, reporting a major dip in revenue compared to the same period in the year prior. During its Q4 – a three-month period ending on December 31st, 2013 – the MMO studio earned $4.3m in revenue, …

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