Engage Digital Media, via our sister blog, VirtualGoodsNews.com, released today The 2009 Virtual Goods Investment Report tracking virtual goods-related investments over the course of 2009. The report details more than $1.38 billion ($1,380,822,000) invested in 87 virtual goods-related companies. The news comes in advance of the Virtual Goods Conference @ Engage! Expo, taking place February 16-17, 2010 in New York City.
The amount invested in 2009 represents more than three times the amount of money invested in the virtual goods space in 2008 when $408 million was invested. The total number of companies receiving investment money also increased year-over-year: 87 in 2009 compared with 34 in 2008, an increase of more than 100 percent. It is important to note that of the $1.38 billion invested for the year $398.3 million is acquisition related.
Details on individual companies, the amount invested, list of investors, market segment and more can be found here. An in-depth look at the virtual goods business climate will be discussed at the upcoming Engage! Expo.
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