Videogame Developer Raises $20M For New Title

A Los Angeles videogame development studio, Cloud Imperium Games, said today that its crowdfunding efforts for its latest title have just passed $20M. Cloud Imperium said that it raised over $10M in the past four and a half months for its new title, Star Citizen, a videogame being developed for the PC platform. Cloud Imperium is headed by Chris Roberts, who had previously developed titles Wing Commander, Freelancer, and Privateer.