« GoalUnited Funded For Browser Games | Main | Premiere Invests €10M in VC-backed Auction Startup 1-2-3.tv »
August 16, 2007
Accel Takes Stake In Browser-based Gameforge
Deutsche Startups is reporting that the London arm of Accel has taken a minority stake in Germany's Gameforge, a developer of browser-based multiplayer games. It also says that it was a minority stake.
The Karlsruhe-based company has some 'traction' as the VCs say, claiming 6M active players and 40M users in total on its games (with a number like this the company has a reach way beyond Germany as it is half the population of the country), which would have put the founders in a good negotiating position.
Like some other browser games out of Germany that we are familiar with, players are willing to buy tokens that enable them to move up to higher levels in flagship title „OGame" faster.
Harry Nelis from Accel said in a statement he has had his eye on the company for a while now.
Read - Accel Steigt Bei
Posted on August 16, 2007 07:25 PM | Posted to Games (PC and other) | News And Updates | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/5703
