Portalarium Secures $7,000,000 New Funding

  • Feed Type
  • Date
    7/10/2012
  • Company Name
    Portalarium
  • Mailing Address
    7400 Coldwater Canyon Dr. Austin, TX 78730
  • Company Description
    Portalarium is developing and publishing premium online games and virtual worlds for popular social networks and mobile platforms. Portalarium games maximize the fun and social play experience between friends, making it is easy to find each other and play together regardless of where you are or what you are playing.
  • Website
    http://www.Portalarium.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company is planning on releasing Ultimate Collector, now in beta testing, later this summer on Facebook, web browsers, and mobile platforms. The money will also be used to launch production of Garriott’s next RPG, Ultimate RPG/New Britannia, for mobile platforms.
  • M&A Terms
  • Venture Investor
    m8 Capital
  • Venture Investor
    Founders Fund
  • Venture Investor
    BHV Ventures

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