There

Aquisitions Overview

Acquired Organization

There

There.com is an online virtual world where anyone can explore, meet friends and play games. It was founded in 1998 by Will Harvey, a Stanford computer science Ph.D. and game developer, and Jeffrey Ventrella, an expert on artificial life from MIT's Media Lab. The duo raised approximately $37 million - including $20 million from employees, $11 million from angel investors and $6 million from Sutter Hill Ventures. In 2005 the company was spun off under Makena Technologies, and in March 2010 There closed to the public. In May 2011, There announced it would reopen as a 18+ Cloud-based service. As of Nov 2013, There is open. There.com is a subscription service with a monthly fee of $10.00. Additional in-game accessories can be purchased for separate fees. Other online virtual worlds include [Kaneva](http://www.crunchbase.com/organization/kaneva), [Second Life](http://www.crunchbase.com/organization/secondlife) and [Cyworld](http://www.crunchbase.com/organization/cyworld).

Acquiring Organization

Makena Technologies

Makena Technologies, Inc., through its subsidiary, provides 3D online services. It offers member services, such as customize and create own 3D characters, meet and hang out with friends using voice and text chat, build own virtual homes, and participate in events, such as car races, paintballs, and fashion shows, as well as create and sell own virtual items. The company also provides various services, such as view the video demos, play games, shop for fashions, meet friends and new people through clubs and topic listings, and create own fashion line. Makena Technologies, Inc. was founded in 2005 and is based in San Mateo, California with additional offices in San Mateo and Laguna Beach, California.