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VC Mitch Lasky & Outpost

SEPT. 3, 2015 • Outpost Games, Inc. secured $6.2 million in funding from Benchmark back in July. The startup has plans to release PC games that incorporate a built-in platform for users to broadcast their in-game exploits to the web. Leading Benchmark’s investment was games industry veteran Mitch Lasky. The former publisher executive has been […]

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Raptr Launches Plays.tv

MARCH 31, 2015 • Best known for its PC game customization tools, Raptr, Inc. has launched a new social network named Plays.tv. The idea behind the site is to provide PC gamers a place where they can show off their in-game highlights. While there are already services such as Twitch.tv that provide very similar functionality, […]

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NHN Spins Off Divisions

AUG. 9, 2013 • Thirteen years after it came on the scene, Next Human Network Corp. (NHN) has been in the process of spinning off its online gaming and online portal businesses since the beginning of the month. The Hangame division now operates as NHN Entertainment Co., while the Naver search division has been renamed […]

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Machinima Seeks New Funding

JUNE 25, 2013 • Machinima.com, the online site best known for taking videos created by gamers promoting their in-game exploits and then publishing the content on YouTube, is reported to be in the hunt for a sizable new round of funding. According to The Wall Street Journal’s All Things D site, Machinima has contracted with […]

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Tapjoy Funds Asian Startups

MAY 10, 2012 ● San Francisco-based Tapjoy, Inc., known for providing monetization and distribution services, announced a $5 million to encourage and support developers throughout Asia in the innovation and growth of Free-to-Play mobile apps for the Android and iOS platforms. Asian developers who take part in the program get access to initial working capital, new user […]

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Intel Capital Invests $25.5M

MAY 23, 2011 • Intel Capital, the global investment group for Intel Corp., announced $25.5 million in four U.S. investments to drive continued innovation in computing. Firms receiving the investment capital include CrowdStar, a developer of social games on Facebook and mobile platforms; iStreamPlanet, a provider of live Web broadcast management and automated video workflow; […]

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Yobongo Raises 1.35M

MARCH 24, 2011 • Yobongo Inc. is a new studio based in San Francisco that just released an iPhone app by the same name. The app enables users to chat randomly with others in the same geographic area that have Yobongo installed. Following the launch, Yobongo raised $1.35 million from True Ventures, Freestyle Capital, and […]

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Jagex Finds VC Funds

FEB. 8, 2011 • Independent U.K. studio Jagex, creator of the hit MMO Runescape, sealed new agreements with venture capital firms to help fund upcoming projects.  Investments came in from three VC groups: Insight Venture Partners, Spectrum Equity Investors and The Raine Group. Cash and equity terms were not announced. Impact: Runescape was a huge hit […]

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Curse Raises $6M

DEC. 22, 2009 • Curse, the Internet site best known for hosting add-ons and utilities that hardcore World of Warcraft players use to enhance their in-game control, disclosed $6 million in Series B funding from Ventech Capital, AGF Private Equity, and SoftTech VC. Curse raised $5 million in Series A funding during 2007. The site […]

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Six Degrees Games Raises $7M

NOV. 13, 2009 • Six Degrees Games, Inc. raised $7 million in equity financing, with Time Warner Inc. investing along with current investors including Clearstone Venture Partners and Prism Venture Works. Six Degrees is known for publishing online  sports entertainment including the tween and teen sports site ActionAllStars.com. The additional funding will used to  expand […]

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