Report: Trion World, Backed By Rustic Canyon, Planning IPO

One of the portfolio firms of Los Angeles-based venture capital firm Rustic Canyon, Trion World Network, is reportedly prepping for an IPO, according to reports over the weekend. According to an interview with CEO Lars Butler, the online game maker is planning an IPO, although no timeframes were given. Rustic Canyon's investment in Trion World Network is managed by Nate Redmond; the firm also has part of its game studio in San Diego. Trion is venture backed by Act II Capital, Time Warner, Peacock Equity, Rustic Canyon, DCM and Trinity Ventures.