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About Linden Lab
Industries
VR & AR
Consumer Software
Entertainment
Gaming
Company Size
201-500
Company Stage
Series B
Total Funding
$19M
Headquarters
Cambridge, Massachusetts
Founded
1999
Overview
Linden Lab builds and operates immersive digital worlds and entertainment experiences. Its flagship platform, Second Life, is a 3D online world where users create, socialize, and trade virtual items in a user-driven virtual economy. Revenue comes from transaction fees on the marketplace, virtual land sales, and premium memberships. The company also developed other virtual experiences like Blocksworld. What sets Linden Lab apart is its mature, creator-driven economy that continuously expands the world through user-generated content and a range of virtual experiences, not just standalone games. The company aims to grow an active community of creators and users, expand its digital offerings, and attract talent to shape the future of virtual worlds.
Simplify's Take
What believers are saying
- AI Character Generator with Convai launched late 2024.
- Motown Records partnered via STYNGR for metaverse presence.
- Mobile Second Life app development expands user access.
What critics are saying
- Roblox erodes users with mobile superiority in 6-12 months.
- Meta Horizon Worlds diverts VR creators in 12-24 months.
- Decentraland NFTs lure creators from Linden Dollar in 12-18 months.
What makes Linden Lab unique
- Second Life pioneered user-generated 3D virtual worlds since 2003.
- Linden Dollar economy generates revenue via transaction fees.
- Tilia powers licensed virtual economies since 2019.
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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
↑ 0%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 3 Jobs on Simplify!
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About Linden Lab
Industries
VR & AR
Consumer Software
Entertainment
Gaming
Company Size
201-500
Company Stage
Series B
Total Funding
$19M
Headquarters
Cambridge, Massachusetts
Founded
1999
Linden Lab is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today