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PlayCafe Raising First Round For Online Game Show

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LA-based PlayCafe, an online video game show, has raised an unspecified first round from First Round Capital, reports NTV, which notes that the raise is still in progress. The site offers a live Q&A game show, that allows users to participate for prizes and cash. So far, participation is still small, with the nightly game averaging 250-300 players. The company plans to eventually run the game around the clock—currently it runs an episode each night during the week.

Mar 17, 2008 2:49 PM ET

Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, first round capital

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