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Multiverse, the virtual world-based platform which has been around for quite a while now, has received just over $4 million in funding from Sterling Stamos Capital Management. The folks at Multiverse, some of which have worked on Netscape in its glory days, say they're gonna use the money to get more staff and to finally get their product out of beta stage. They plan to launch a consumer network of games and virtual worlds later this year or early 2008.
Multiverse offers developers a way to build their own virtual worlds. It's a meta-MMOG, if you will. They claim that over 10,000 development teams from around the world have signed-up to use their platform, and some 150 of them have already begun building projects - some of which are SF & RPG massive multiplayer games, and some are done for educational purposes.