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In 1999, he founded Linden Lab (LL). Andrew Linden stated that Linden Lab started as a hardware company geared towards the research and development of haptics.
With the help of a financial windfall that he reaped from his time at RealNetworks, Rosedale formed Linden Lab in 1999.
The Linden Lab employees — commonly known as "Lindens" — needed a virtual world to go with their hardware, so in 2001 they started building "LindenWorld", as described in an early news story.
The original San francisco regions, from November of 2002, included Clara, Clyde, Da Boom, Federal, Freelon, Hawthorne, Minna, Natoma, Ritch, Shipley, Stanford, Stillman, Taber, Varney, Welsh, and Zoe.
The first Second Life trailer was shown in 2003:
The first Linden official blog post was made by Philip Linden on October 4, 2004 on the first Official Second Life Blog.
Teen Second Life was started in 2005.
In late 2005, Linden Lab removed most Telehubs on the grid, opening the way for "direct teleport" from one point to another.
On March 17, 2007, Blue and Philip Linden hosted a townhall meeting on Global Kids island about the past, present, and future of TSL.
In early 2009, the TSL Mentors 2.0 program was shut down by Linden Lab.
For Second Life's 6th Birthday in 2009, SL6B Teen region was moved over to the Main Grid, and was attached to the SL6B regions.
In August, former VP of Product Tom Hale (T Linden) gave a tour of the new Second Life 2.0 Viewer due to be launched in 2010.
On August 20, 2010, Terrence Linden announced that the Teen Grid will be shut down on December 31, 2010.
In October 2010, Rosedale announced he was leaving his position as CEO.
In September 2012, Linden Lab announced two new products: Creatorverse (for iPad) and Patterns (for desktops).
On 23rd June 2013, Second Life officially turned ten years old.
In mid-January 2014, Rod Humble CEO left Linden Lab.
On 15th May 2014, Linden Lab announced 24 new mesh avatars.
In June 2014, Linden Lab confirmed that they plan to build a new virtual world.
On 6th February 2015, Linden Lab hosted a snowball fight event with the Second Life community over at Winter Wonderland.
In 2015, she cofounded ‘skills as a service’ platform, Jyve Corporation, and served as COO and CPO.
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Linden Lab may also be known as or be related to LINDEN LAB, Linden Lab and Linden Research, Inc.