UPDATE - Anshe Chung gets new venture funding
By Adam Reuters
(Adds confirmation from Gladwyne)
SECOND LIFE, Sept 13 (Reuters) - Anshe Chung Studios, the virtual world development and real estate company with major holdings in Second Life, has received a new round of venture capital financing from New York-based Gladwyne Partners.
The investment, first reported by 3pointD.com, was confirmed by Gladwyne Managing Principle Michael Solomon in an email to Reuters. He declined to reveal the size of the deal.
Anshe Chung Studios was not immediately available for comment.
Wuhan, China-based Anshe Chung Studios has branched out to other virtual worlds including IMVU, There.com and Entropia. The company is run by the husband and wife team of Ailin and Guni Graef (Anshe Chung and Guni Greenstein in Second Life).
European Founders Fund obtained a 10 percent stake in the company for an undisclosed sum in March.
Gladwyne Partners also owns a stake in virtual world development studio Electric Sheep Company.
