Video Games Live has been touring around for a good few years, performing some of gaming's greatest ever themes and ballads using a range of different musical instruments.

It was created by industry veteran Tommy Tallarico, and the team set up a Kickstarter campaign a month ago in an attempt to acquire the funding for its third album, fittingly titled Level 3.

Well, you'll be pleased to hear the project has managed to meet its goal and the album will be made, with Video Games Live aiming to release it on 18th February 2014. It raised $285,081, smashing through its intended target of $250,000.

It will be a studio recording with a piece orchestra consisting of 60-72 people, a more than 60 person choir and a full rock band.

Level 3 will feature never before released Video Games Live music arrangements from many game franchises. So far the confirmed tracks include Monkey Island, Street Fighter II, Beyond Good and Evil, Tetris, Silent Hill 2, World of Warcraft, Diablo III, Skyrim, Journey and Shadow of the Colossus. Music from Super Mario World is also looking to be implemented, though the producers need to receive permission from Nintendo first.

The team also wanted to make a full length feature film and documentary that would include, a making-of, interviews with composers and designers, and history of each game's music. It would have been recorded during the upcoming Video Games Live Latin America tour taking place later this year, however, the campaign fell way short of its $750,000 stretch goal.

Will you be picking up this album next year? What are your favourite Video Games Live pieces? Let us know in the comment section below.