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Live Gamer Raises $2.8 Million In Funding

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In-games commerce firm Live Gamer has raised $2.8 million in funding, according to an SEC filing. The company is calling it “side-car” financing that came in prior to its acquisition of Twofish; the money came from a mix of previous backers and new investors—though Live Gamer declined to give specifics.

SEE ALSO: Live Gamer’s Buying Spree Continues: Acquires Twofish

The company raised $24 million in a first round of funding from Charles River Ventures, Kodiak Venture Partners and Pequot Ventures in 2007. It has since acquired rival in-game and virtual payment providers like N-Cash (and Twofish).

Aug 27, 2009 3:43 PM ET

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Posted In: E-Commerce, Payment Systems, Micropayments, Entertainment, Games, Money, M&A & Venture Capital, Venture Capital

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