Software developer and publisher Codemasters will be getting an additional infusion of cash from Balderton Capital and Goldman Sachs. Whispers indicate that the company is hurting in the money department due to recent releases not performing as well as the company would have liked.

While Codemasters has had some success recently with the release of Dirt 2, Operation Flashpoint: Dragon Raising has not received the reviews or sales that the company has expected. Still, the company has several upcoming releases which are expected to do well this year, including the first release of the Formula One franchise from the studio that will be multiplatform with releases for the Xbox 360, PlayStation 3, and PC. In addition, development of a sequel to the highly successful GRID is also said to be in development.

The investment is said to be diluted heavily by a restructuring of the stock. Codemasters’ sale was up last year with the company having much success in markets outside North America. Sources indicate that the infusion of cash will help the company with its continued aggressive growth plan to help the company capture a larger market share in North America, which the company feels is necessary for the long-term growth of the company.