Kongregate, the gaming Web site, raises $5 million

Kongregate, the gaming Web site, raises $5 million

Kongregate, a gaming Web site that targets young men and woos game developers with incentives, has raised over $5 million to support its growth.

It lets developers compete to create games, and rewards the best of them.

The San Francisco-based company launched publicly in March (our coverage), and has grown since then to include nearly 1,500 games from 750 independent game developers. It is nearing a million unique visitors per month, 85 percent of whom are… Continue Reading