Hangout Hooks Another $2M

Hangout Industries, the Boston-based creator of a software platform for teen-oriented social games such as Fashion City, has raised an additional $2 million in venture funding, according to a regulatory filing published yesterday. Hangout CEO Pano Anthos told Mass High Tech that the money came from the company’s existing backers, who include Highland Capital Partners and Polaris Venture Partners, and that an additional $3 million may be on the way, which would bring the startup’s total funding to $15 million.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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