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Casual Gamer Outspark Raises $11 Million Second Round

Outspark, an SF-based online casual multi-player games operator, has raised an $11 million second round lead by Chinese internet portal Tencent Holdings. DCM and Altos Ventures, which invested in Outspark’s first round last year, also participated. The company’s strategy is to bring popular Asian games to the US audience, so the investment serves a strategic purpose for both Outspark and Tencent. The two companies will cooperate on online game development, while the funding will go towards the expansion and enhancement of Outspark’s game library. Release.

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Jan 10, 2008 9:39 AM ET

Posted In: Entertainment, Gaming, Countries, Asia, China, altos ventures, dcm, outspark, tencent holdings

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