RIFT revenues reached $100 million in 2011, Trion secures new funding

Filed under: Fantasy, Business models, MMO industry, News items, RIFT

How successful is RIFT? That's hard to say without knowing how much it cost, but it's safe to assume that Trion executives are smiling after the game generated $100 million in revenue in only 10 months.

CEO Lars Buttler told Reuters that the company is still considering an initial public stock offering, and it has also secured an additional $85 million in funding as it readies RIFT for the South Korean and Chinese gaming markets later this year. Trion is also developing an MMO shooter called Defiance and an MMORTS known as End of Nations.

RIFT revenues reached $100 million in 2011, Trion secures new funding originally appeared on Massively on Thu, 19 Jan 2012 11:30:00 EST. Please see our terms for use of feeds.

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• Source: Reuters