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[April 01, 2008] Metaversum GmbH: Balderton Capital Invests In Metaversum; Metaversum, the developer and operator of the virtual world Twinity, attracts Balderton Capital as investor (M2 PressWIRE Via Thomson Dialog NewsEdge) RDATE:01042008 Berlin -- Metaversum GmbH, developer and operator of the upcoming 3D virtual world Twinity, is pleased to announce a significant multi million Euro investment from Balderton Capital. Balderton Capital, formerly Benchmark Capital Europe, is one of the leading European venture capital firms, and recently sold its stakes in both Bebo and MySQL - both deals being amongst the most successful European internet/technology transactions of recent years. Added to existing investment and support from founding VC Grazia Equity, the new relationship with Balderton Capital positions the Berlinstart-up Metaversum for the global launch of its virtual world, Twinity. Klaus Hommels, Balderton Capital's representative on the Metaversum board, comments:"Virtual worlds linked closely with reality will significantly influence the future of the Internet. Twinity is one of the most promising projects in this exciting and competitive space and we look forward to accompanying Metaversum in this endeavor." Jochen Hummel, CEO of Metaversum, adds:"We are very glad to have won the support of an experienced international player in Balderton Capital. As we gear up to release our virtual world Twinity, the addition of our new partner puts us in a great position. " The virtual world Twinity is currently in its private beta phase. Twinity offers its members the ability to move through the digital world using personal avatars, design their own 3D homes, communicate with friends, work or simply have fun. CONTACT: Claire Melly, for Metaversum GmbH Tel: +44 (0)20 7250 1446 Tel: +44 (0)7939 251 670 e-mail: claire.melly@powerscourtmedia.com WWW: http://www.powerscourtmedia.com WWW: http://www.twinity.com ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)). Copyright ? 2008 M2 Communications Ltd. [ Back To Call Recording Community's Homepage ]