Fourth Wall Studios Gets $15M

Culver City-based Fourth Wall Studios, a firm developing massively multiplayer online games in the virtual reality area, has raised $15M in funding, the firm said Tuesday. The funding comes from LA biotech billionaire Patrick Soon-Shiong. The company said it has received a commitment from Soon-Shiong for as much as $200M in funding for its efforts. Fourth Wall Media is headed by Jim Stewartson. Soon-Shiong was the founder of Abraxis BioScience. More information »