Meebo aims big, introduces games
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Meebo, the online instant messaging company, has been picking up users at a rapid rate, breezing along with high-profile backing by VC firm Sequoia Capital.
But its move today to deliver games on its platform is its most ambitious move yet to take it from a comfortable, small startup into the big-leagues where “the rest of us” will finally hear about it. It is also allowing game makers to insert ads, and make money from them.
Today… Continue Reading
Brash raises $400M for new video game company
Brash Entertainment, a new Los Angeles company, said it is launching today with $400 million in financial backing to offer high-quality video games based on movie releases, television and music.
This is a massive amount of money, considering that the video games industry is crowded, with both traditional console-focused giants and scores of independent start-up efforts focused on new multi-player and casual games on the Web.
Brash is backed by ABRY Partners, New York Life Capital… Continue Reading
Outspark raises $4M to bring Korean games to U.S.
Updated
Outspark, a company with offices in Seoul, Korea and San Francisco that hopes to help publish Asian multiplayer online games in English, said it has raised a $4 million first round of financing from Altos Ventures and Doll Capital Management (DCM).
Outspark hopes to distinguish itself by offering Asian game developers a platform and other services for the complicated translation process. Han Kim, partner at San Francisco’s Altos Ventures, said the driving assumption is that… Continue Reading
Game search engine Wazap raises $7.9M, to launch in U.S.
updated
Wazap is a search engine company focused exclusively on games, and is growing quickly — as you may expect, given the popularity of games.
It’s another of those ideas that seems so obvious in hindsight, you’re left wondering why it hasn’t been done before. It boasts 11 million unique users a month, with 200 million page views. It logged $1 million in revenue last year, it says.
It has just raised $7.9 million in a second… Continue Reading