$5.25M Series B For 8D

8D World, a Woburn, MA-based video game developer, announced today that it has raised a $5.25 million Series B round of funding, from new investor Mizuho Capital, of Japan, and return backers Spark Capital and Gobi Partners. 8D is the maker of World Wiz Online, a virtual world for English-as-a-foreign/second language students. The company said it plans to use the funding to add educational content to the platform and increase the number of users it reaches globally. “We are very happy to have Mizuho Capital join us as investors in 8D World,” said Spark Capital general partner Alex Finkelstein in the announcement of the deal. “We firmly believe Mizuho Capital will be able to bring value to the company with its wide network of relationships in Japan and beyond.”

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.