The financing will be used on research and development for the firm's £700,000 Monumental Technology Suite project, in order to "revolutionise" the massively-multiplayer engine.

This is the first year that the Technology Strategy Board has invited applications from the creative industries
Rocco Loscalzo
Project Chairman and Chief Technology Officer
Monumental Games

Designed to provide a complete game development solution, the Monumental Technology Suite allows uses to work though all the processes involved in creating a massively-multiplayer-online game, such as prototyping, development, testing and live operation stages.
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The new development in the project will see it adopt an 'accessible to all' approach and allow a browser-compatible development route, with the firm hoping to commercialise the end result with two years.
Rocco Loscalzo, Project Chairman and Chief Technology Officer of Monumental Games, commented: "This is the first year that the Technology Strategy Board has invited applications from the creative industries, and it is encouraging to see recognition for the contribution made by such industries to the UK economy.
Monumental Games, founded in 2005, specialises in online game and virtual world development projects across platforms such as PCs, consoles and handheld devices.
