Sony, ATI Contribute to WildTangent's Third-Round Financing

Sony Pictures Digital Entertainment (Sony's division housing Imageworks and Sony Online Entertainment), Accenture Technology (formerly Andersen Consulting), ATI, and IDG contributed to this round, raising $34 million for Alex St. John's company. According to the company, the financing will be used to accelerate its product and technologies development and expand its operational capability. WildTangent closed its first round of funding for $2 million in February 1999 and its second round of $15 million in March 2000, bringing total financing raised to $51 million.