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October 19, 2011 07:00 pm GMT
Crowdpark, a Berlin-headquartered game developer, announced today that it has raised $6 million in series B financing from top German venture capital firms, Target Partners and existing investor, Earlybird Venture Capital. Waldemar Jantz, partner at Target Partners, will be joining the startup's board as a result of the investment. The new round of funding brings Crowdpark's total to $8 million.Why should you care? Well, Crowdpark is aiming to give gamers their fix of legal gambling, er, betting. Using its patented "dynamic betting" technology, Crowdpark enables forecasting in realtime for social gaming in much the same way the brave among us play the stock market. Unlike its social gaming competitors, the German startup allows gamers to compete against each other in betting events using virtual currency. This includes the opportunity to bet on real world events taking place in everything from sports and entertainment to news and technology.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5LGOtKJrfPI/
Crowdpark Raises $6 Million To Bring Legal, Social Betting Games To Facebook (And Soon Android & iOS)
Crowdpark, a Berlin-headquartered game developer, announced today that it has raised $6 million in series B financing from top German venture capital firms, Target Partners and existing investor, Earlybird Venture Capital. Waldemar Jantz, partner at Target Partners, will be joining the startup's board as a result of the investment. The new round of funding brings Crowdpark's total to $8 million.Why should you care? Well, Crowdpark is aiming to give gamers their fix of legal gambling, er, betting. Using its patented "dynamic betting" technology, Crowdpark enables forecasting in realtime for social gaming in much the same way the brave among us play the stock market. Unlike its social gaming competitors, the German startup allows gamers to compete against each other in betting events using virtual currency. This includes the opportunity to bet on real world events taking place in everything from sports and entertainment to news and technology. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5LGOtKJrfPI/
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