EverQuest creator raises seed round to build Pantheon: Rise of the Fallen

Visionary Realms wasn’t successful in its crowdfunding campaign last year to raise money for its next-generation massively multiplayer online game, Pantheon: Rise of the Fallen. But EverQuest creator Brad McQuaid and his team didn’t give up. And today, they’re announcing they have raised a seed round to fund development of the title.

The new seed funding will help the Carlsbad, Calif.-based company take a big step forward in developing its fantasy role-playing MMO, said McQuaid, chief creative officer at Visionary Realms in an interview with GamesBeat at the Gaming Insiders event last week. Indeed, since Visionary Realms is taking on successful MMOs like World of Warcraft, it’s going to need a fair amount of money to get its project off the ground.