All the sessions from Transform 2021 are available on-demand now. Watch now.


Browser-based fantasy game company Challenge Games has raised a $10 million second round of funding.

Globespan Capital Partners led the round, which came just two months after the company raised $4.5 million in a first round. Sequoia Capital led the previous round and participated in this one as well.

The Austin, Texas-based company has two “quick fix” role-playing games, Duels and Baseball Boss, that run in a web browser. They are free games that encourage the trading of virtual goods. If you buy the goods, you can improve your chances of doing better in the games.

The company will use the proceeds to expand into Asia, launch its new game Warstorm, develop new titles and perhaps acquire rivals. Game sessions take about five to 15 minutes. A couple of months ago, the company said it had acquired 250,000 gamers playing Duels in the first 10 months after release. The company was founded by Andrew Busey in 2006.

GamesBeat

GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. How will you do that? Membership includes access to:
  • Newsletters, such as DeanBeat
  • The wonderful, educational, and fun speakers at our events
  • Networking opportunities
  • Special members-only interviews, chats, and "open office" events with GamesBeat staff
  • Chatting with community members, GamesBeat staff, and other guests in our Discord
  • And maybe even a fun prize or two
  • Introductions to like-minded parties
Become a member