Xconomy San Diego

OGPlanet Obtains New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4b600dce-b549-4db8-8945-0c9da568db1a&Preview=1
Date
7/16/2008
Company Name
OGPlanet
Mailing Address
Undisclosed El Segundo, CA 90245
Company Description
OGPlanet is a leading North American publisher of online games. The company, founded in 2005, offers a selection of some of the best massively multiplayer online games from Korea on a free-to-play basis.
Website
http://www.ogplanet.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
This funding supports its continued growth and the company is expected to reach profitability shortly.
M&A Terms
Venture Investor
DFJ Athena