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About Linden Lab
Industries
VR & AR
Consumer Software
Gaming
Company Size
201-500
Company Stage
Series B
Total Funding
$19M
Headquarters
Cambridge, Massachusetts
Founded
1999
Overview
Linden Lab creates immersive virtual experiences, with its main product being Second Life, a 3D virtual world built by its users. Users can create, socialize, and trade virtual items, forming a vibrant online community. The company earns revenue through transaction fees and virtual land sales, encouraging user-generated content. Linden Lab aims to inspire more users to engage in creating and sharing digital experiences.
Simplify's Take
What believers are saying
- AI-driven character creation enhances user engagement in virtual worlds.
- Motown partnership attracts new demographics to Second Life.
- Mobile app development increases accessibility and user base for Second Life.
What critics are saying
- Tilia's acquisition by Thunes may affect Linden Lab's payment processing.
- Ending 32-bit support could alienate users with older hardware.
- Second Life's mobile app may face technical challenges impacting user engagement.
What makes Linden Lab unique
- Linden Lab pioneered user-generated content in virtual worlds with Second Life.
- Project Sansar aims to democratize VR as a creative medium.
- Linden Lab's diverse portfolio includes Blocksworld and innovative AI character tools.
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Funding
Total Funding
$19M
Below
Industry Average
Funded Over
2 Rounds
BenchmarkIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Hybrid Work Options
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -3%2 year growth
↓ -1%At the end of 2024, Linden Lab announced the Alpha release of a new AI Character Generator utilising Convai, a platform for developers and creators proving an intuitive approach to designing characters with multimodal perception abilities in both virtual and real world environments.
Thunes, a cross-border payments firm, is acquiring Tilia, a payments platform with expertise in online gaming, to expand in the U.S. gaming market. The deal includes a five-year partnership with Tilia's majority owner, Linden Lab, enhancing payment options and real-time payouts for gamers. Tilia is licensed in 48 U.S. states and territories, aiming to leverage its capabilities for direct money movement solutions in the U.S. and accelerate Thunes' growth in the gaming industry.
On Monday, October 9th, Linden Lab sort-of formally launched the new Linden Homes Store for Second Life, showcasing all the Linden Home types and themes available to those users holding a qualifying subscription account (at the time of writing, Premium / Premium Plus), and which had been previously semi-previewed in a September 27th official blog post.
In an unprecedented partnership with Linden Lab's Second Life and music integration platform STYNGR, Motown is set to establish a virtual presence, allowing fans to immerse themselves in the label's rich musical heritage.
In keeping with statements made in recent user group meetings, Linden Lab has announced changes to the the Second Life minimum system requirements for both Windows and Apple MacOS operating systems which are to take effect from Saturday, July 1st, 2023.
Linden Lab is Hiring for 4 Jobs on Simplify!
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About Linden Lab
Industries
VR & AR
Consumer Software
Gaming
Company Size
201-500
Company Stage
Series B
Total Funding
$19M
Headquarters
Cambridge, Massachusetts
Founded
1999
Linden Lab is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today