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Six Degrees Games Gets $7 Million in Funding

Post by Shirley , 2008-08-06 09:44:04 Source: Gamedaily Editor:Shirley

Tags: Six Degrees Games

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The specialist in virtual worlds and video games has received $7 million in series A equity financing led by Clearstone Venture Partners and Prism VentureWorks, which will help them make a sports virtual world.

 

Six Degrees Games announced today that it has secured $7 million in funding. This Series A equity financing was led by Clearstone Venture Partners and Prism VentureWorks. These resources will be used to help create and launch a sports-themed virtual world aimed at six- to 14-year-olds.

 

"It's an exciting time for our entire Six Degrees Games team as we drive toward the launch of an all-new, interactive sports-themed virtual world," said Minard Hamilton, CEO and co-founder of Six Degrees Games. "In Clearstone and Prism, we have found partners that not only share our vision, but will also add immeasurably to our successful execution."

Jim Armstrong, Managing Director for Clearstone, and Will Kohler, Principal of Prism VentureWorks, have joined the company's Board of Directors as part of this agreement.

 

"At Clearstone, we take great pride in investing in high-caliber entrepreneurs focused on creating innovative consumer experiences. With Six Degrees Games, there is a unique opportunity to deliver an immersive, branded experience that will appeal to both kids and their parents," said Armstrong. "We are very excited to be working with Minard, Ben and the impressive team they have put together here in Southern California to go after this massive opportunity."

 

"Six Degrees Games is poised to offer the youth market a virtual sports world that surpasses current offerings," said Kohler. "Prism's LA presence has opened doors into new, high-value opportunities and Six Degrees Games is a great example of this. Minard, Ben and the Six Degrees Games team have worked with major participants in the world of sports, leagues and brands and understand how to build high-growth, successful companies."

 

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