GameGround secures $4.1 million in funding
Israeli game company adds funding, has not yet announced a product
Israel-based GameGround, which is developing a statistic-tracking videogame client, has secured USD 4.1 million in funding, according to online reports.
According to The Washington Post, this funding round comes courtesy Sequoia Capital, and comes in addition to a previously reported USD 2 million in VC from founders and angel investors.
GameGround, which still claims to be in Alpha, has not officially announced a product, but teaser descriptions on its website seem to point to a service that keeps gamers socially connected through tournaments, awards Xbox Live-like Achievements, and tracks personal stats.
The company was founded by MTV vet Shaul Olmert, Guy Margolin of 888.com, and Itzik Ben-Bassat, former VP of international and global business development at Blizzard.