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October 30, 2007
Fatfoogoo Signs Series A Round
Fatfoogoo, the Austrian startup that runs a marketplace to auction virtual items for getting ahead in popular role-playing games, has raised an undisclosed amount in a Series A round led by Austria’s Gamma Capital Partners (gcp), along with existing seed investors marchsixteen LLC (Toto Wolff), Azzurro Investment (Christian Lutz) and Michael Krammer (new CEO at Orange Austria).
So far the site is offering items from the likes of World of Warcraft, Second Life, and EVE Online, eight games in all.
The capital will give it a chance to go for a piece of the 'booming market for trading virtual assets and services', said Martin Herdina in an email to the alarm:clock euro.
The deal is the first investment out of GCP’s Gamma III fund. Corrected text follows. GCP manages a total of €70m in three funds.
Posted on October 30, 2007 10:49 AM | Posted to News And Updates | Permalink
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