GameGround snags $4.1 million from Sequoia for gamer services

GameGround snags $4.1 million from Sequoia for gamer services

Several prominent Israelis have formed a new game company, GameGround, with $4.1 million in funding from Sequoia Capital.

The company was started in 2007 by Shaul Olmert, former MTV executive and the son of former Israeli Prime Minister Ehud Olmert; Itzik Ben-Bassat, a former Blizzard Entertainment executive; and Guy Margolin, a former 888.com executive.

Olmert left MTV in late 2007 to return to Israel, while Ben-Bassat left Blizzard at the same time. They have been involved in starting… Continue Reading