Metaplace funding, name change, invite-only beta
Today we announced that Areae is no more — there’s just Metaplace. Easier to spell and say. 🙂 And also that we closed a Series B funding round, with Marc Andreessen and Ben Horowitz joining the funders. And that we are now into invite-only beta — there are invite keys on TechCrunch and GigaOM right now, and there will be more scattered about soon.
The beta site is up now too, with a link to the press release. Some press coverage thus far (I’ll just keep adding links at the bottom as more come in):
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http://www.socaltech.com/interview_with_raph_koster_metaplace/s-0018007.html
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http://www.techcrunch.com/2008/10/22/metaplace-raises-64-million-for-custom-virtual-worlds/
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http://gigaom.com/2008/10/22/kosters-metaplace-gets-67m-in-series-b-funding/
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http://startup.wirememe.com/metaplace-raises-64-million-for-customized-virtual-worlds/
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http://venturebeat.com/2008/10/22/metaplace-raises-more-funding-to-be-the-myspace-of-virtual-worlds/
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http://www.guerilla.be/2008/10/sociaal-netwerk-in-3d-metaplace-haalt.html
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http://www.rotorblog.com/2008/10/22/metaplace-wants-to-be-the-myspace-of-the-virtual-world/
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http://news.cnet.com/8301-17939_109-10072672-2.html?tag=newsLatestHeadlinesArea.0
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http://www.massively.com/2008/10/22/massively-is-giving-away-100-metaplace-invitations/
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http://www.massively.com/2008/10/22/massively-interviews-raph-koster-on-the-state-of-metaplace/
- http://www.vgvc.net/?p=134
- http://www.virtualworldsnews.com/2008/10/metaplace-raises-67m.html
- http://www.pehub.com/21363/metaplace-raises-67-million/
- http://www.boingboing.net/2008/10/23/metaplace-closes-new.html
- http://www.kimpallister.com/2008/10/areae-now-metaplace-gets-more-money.html
- http://www.masshightech.com/stories/2008/10/20/daily40-Charles-River-Ventures-and-Netscapes-Andreessen-back-online-world-creator.html
- http://www.washingtonpost.com/wp-dyn/content/article/2008/10/22/AR2008102200939.html
- http://www.xconomy.com/san-diego/2008/10/22/metaplace-secures-67-million-for-virtual-worlds/
- http://www.worldsinmotion.biz/2008/10/metaplace_lands_67_million_in.php

Congrats on the success! Hopefully it really pans out well for you!
Outstanding, congrats on landing Series B!
That doesn’t sound like you, Raph. 🙂
The more you describe it, the less I understand it, but good on you, Raph!
What’s not to understand? You show up, you get a world, you build it whichever way you want and whichever way you are capable, you invite people to it, you enjoy what you’ve made. 🙂
Joe, here’s an oversimplification: Metaplace is LEGOs for the Web.
Procedural LEGOs.
I’ve been having run reading about big numbers:
$150k – Palin’s makeover
~$60 million – Trion’s round C.
$23.9 billion – Wachovia Loss
$56 Trillion – size of Credit Default Swap market
$1.125 Quadrillion – global derivatives and debt liabilities
So it’s good to hear someone with a brain is getting a reasonable amount of money to accomplish something.
Oh, I get the simple part, it’s when Raph starts riffing that I begin to get confused. It’s like reverse origami: the more things open up, the more complicated it gets.
What I’m saying is Raph is a million times smarter than me and I’m glad I got in the beta. 🙂
Congrats.
Congratulations !
I strongly believe there is an immense potential in Metaplace, a multiplayer ‘place’. Social engineering, interaction, entertainment, games all in one sort of package. Google’s lively is too restrictive and is ‘room’ based approach. Hopefully i get to see in open beta what i am looking for.
Best Regards,
Spiffy. Going with the Metaplace name, I think, is a smart move. Areae was always in the back before, and in some way, I always thought of it more as the “name for the secret project”, and once Metaplace was announced, I barely thought of it again.
Also blogged at:
http://www.vgvc.net/?p=134
Must say I’ve just discovered this, and it sounds very interesting. Good work