GameInvestors.com, founded by videogame legend and entrepreneur David Perry, today announces its first multi-million dollar investment deal, securing investment by Mayfield, a leading venture capital firm, into Massively Multiplayer Video Game publisher, Acclaim Games, Inc.
David Perry, CEO of www.GameInvestors.com commented, "Analysts have been calling us from around the world, very focused on this sector of the market. Acclaim was perfectly positioned in the game space, being entirely focused online, delivering micro-transactions, pre-paid cards, digital distribution, massive audiences, in-game advertising, user-generated content, and with a portfolio of games for both Casual & Core demographics."
"GameInvestors has been a great resource for Acclaim’s financing needs. They have advised us on our transaction and provided the right leadership for us to complete the Mayfield investment," says Howard Marks, CEO of Acclaim Games, Inc.
Raj Kapoor, Managing Director of Mayfield Fund stated, "In addition to being one of the most exciting and disruptive game companies we’ve seen, Acclaim has already established itself as an early leader in online games with millions of users resulting from the expertise of Howard Marks, Neil Malhotra, and help from David Perry and Game Investors."
www.GameInvestors.com was formed early in 2007 by a team of video game professionals with one simple goal - to create the premier video game funding portal in the world. GameInvestors provides a single marketplace designed exclusively for all investors/publishers and developers to do business, offering services to help get game projects of all sizes and genres funded through direct funding, investment, bond financing, micro-lending and micro-financing. Somewhat like Elevation Partners GameInvestors is also building two managed funds for investing directly into projects or video game companies. To further support the companies doing business in the portal, GameInvestors also tracks all game studios, projects, services, consultants, grants, licenses & tax incentives and is working on added services for its official launch next year.
www.GameInvestors.com officially launches its innovative service in Spring, 2008. Pre-Launch sign-ups are now being accepted.
