Scotland confirmed as UK's gaming hub as Realtime Worlds pulls $50m

Scotland-based games company Realtime Worlds has raised $50 million in a Series B round led by Maverick Capital and existing investors New Enterprise Associates and WPP also participated. TechCrunch broke the story in March.

That’s a lot for a games company. Admittedly Realtime has an exclusive partnership with Microsoft Game Studios and its first title, Crackdown for Xbox 360 in early 2007, sold about 1.4m copies. But the money looks likely to head towards it’s online games development. Realtime Worlds already runs All Points Bulletin, a massively multiplayer online game. I can tell you right now, VCs are highly interested in that space.

The fact it is based in Dundee (and Boulder, Colorado) is no coincidence. The firm was founded in 2002 by Grand Theft Auto creator Dave Jones, ex-of Rockstar Games in Dundee, and now has 200 employees. (Release)