Teen Hangout Gaia Online Gets $11M in Venture Capital

"Virtual worlds are attracting heavy investment, and online teen hangout Gaia Online says it has received $11 million. Fast-growing Gaia pulls in five million visitors a month, but competition is growing from sites like Google's Lively virtual world. By 2011, such virtual worlds are expected to be home to 53 percent of child and teen Internet users. "