Friday, October 29, 2004

LINDEN LAB GETS $8 MILLION FROM BENCHMARK

Linden Lab's product, Second Life, reminds me of a company I ran into a couple years ago, There. I think There got a contract to create a virtual training world for the U.S. military. Linden Lab definitely has some solid backers in this round of financing. Watch and wait.

Second Life Boosted with $8 Million in New Financing; Linden Lab and Benchmark Capital Aim for the Metaverse

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 28, 2004--Linden Lab(R), creator of the acclaimed 3D digital world, Second Life(R), announced today it has closed a financing round of $8,000,000 led by Benchmark Capital and with participation from Omidyar Network, a new organization lead by eBay founder, Pierre Omidyar. Existing investors including software pioneer Mitch Kapor also participated in the round. (full article)

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