NEW YORK (Reuters) – Little-known online games company Trion Worlds, after raising $100 million in venture capital since 2007, is looking at becoming the newest debutante at the digital media IPO ball.
Not unlike larger and better-known games company Zynga, which filed for an IPO of up to $1 billion in July, Trion is considering an initial public offering as an option.
“As we build scale and become more profitable, (an IPO) is clearly on our horizon at some point,” Chief Executive Lars Buttler said in an interview with Reuters, declining to provide details on a time frame.
“We’ve had a lot of bankers coming to us recently. We keep all of our options open at this point. We definitely have enough substance and enough skill to be a public company at the right time.”