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CAPITAL RAISING  [more in CAPITAL RAISING]

Tencent Invests In US Game Company 

700.HK, Altos Ventures, DCM, Internet, Outspark, Tencent, gaming, online game

Posted by: Elias Glenn on Jan 11, 2008 | 18:01

Editorial Summary

Tencent (700.HK) has led an US$11 million Series B round of funding for San Francisco-based online game company Outspark. Also participating in the round are existing Outspark investors DCM and Altos Ventures. Outspark currently operates two online role-playing games in the US, both licensed from Korea. Outspark claims to have recorded over one million registered users in the less than five months since its initial launch.



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Keywords in this article:
700.HK, Altos Ventures, DCM, Internet, Outspark, Tencent, gaming, online game

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