Multiplayer Gaming Developer Butterfly.net Raises $10 Million

Authored by Mark Hefflinger on March 22, 2004 - 4:51am.

Martinsburg, W.Va. -- Butterfly.net, a provider of infrastructure services to support massively multi-player online games, said on Monday that it has raised $10 million in its third round of funding, co-led by JVP and Worldview Technology Partners. Networking giant Cisco Systems also participated, as did previous investors Adena Ventures and Walker Ventures. The company has created a network grid designed to allocate computing and network resources to the most popular games. The technology helps reduce the costs associated with developing, launching and operating large-scale online games that connect players on PCs, consoles and mobile devices.
http://www.butterfly.net/buzz/releases/index.html