curse-logo.jpgCurse, another online company that offers social networking around multi-player online games, has received a $5 million in a first round of venture capital funding.

Curse offers gamers the standard social networking features around their games, from image and video uploading, to blogging, social bookmarking, wikis, databases, forums and guild website hosting.

The funding, which comes from France’s AGF Private Equity and other individual investors, follows more than $800,000 in angel money, the company said in a statement. It also comes as venture capitalists are pumping money into a other companies doing similar things, from Multiverse, which provides a way for developers to produce their own games, to Napster co-founder Shawn Fanning’s Rupture, a more direct competitor that also builds social networking around existing games. On Tuesday, GuildCafe , a Cambridge, Mass. company that also lets gamers network, said it had raised an undisclosed amount of financing from IDG Ventures Boston.

Gaming remains hot. Silicon Valley angel investor Jeff Clavier recently told us he’d resumed investing in Internet companies again after a brief hiatus at the end of last year, in part because of the promise of online gaming.

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  1. VentureBeat » Curse, a growing site for online gamers said:

    [...] Curse is an example of what may be the future for gaming support sites, offering both community and information features. The site reports strong growth, and is considering offers for a funding round at least twice the size of the $5 million it took earlier this year (our coverage). [...]

3 Comments

  1. July 26th, 2007
    1:49 pm

    Iain Wright said:

    This site sucks…missing images/videos everywhere. Incosistent top menu on serval pages. Lacks useful content

  2. July 26th, 2007
    3:25 pm

    Jeff Clavier said:

    Just a comment to put our discussion in perspective: I took a 3-month break in my investing from December to February because a lot of the dealflow I was seeing on “traditional” Web 2.0 felt very incremental. This is around that time that I started digging into the gaming space, and decided that casual gaming and game platforms were potentially interesting. This led to my investment in Kongregate, another investment I will announce in the next few weeks and a number of opportunities I am looking into.

  3. honda said:

    Cool site! :)

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