TechCrunch is reporting that CCP has secured $20 million in new funding. According to reports from CCP, the new money will be used in part to promote DUST 514 as it nears launch.
In addition to launching DUST, Reid says the funding will allow CCP to prepare for an IPO. The company doesn’t have any immediate plans to go public, but he says the money “allows us is to do some of the things you need to do for IPO preparedness,” such as building greater redundancy into its computer systems, so that it’s ready to go public when and if the time is right.
Read the full report at TechCrunch.