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Teen Casual Games Community FlowPlay Raises $3.7 Million First Round

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Seattle-based FlowPlay, which is developing community-based pay-for casual games environments for 12- to 17-year-olds, has raised a $3.7 million first-round investment led by Intel (NSDQ: INTC) Capital and Ambient Sound, the Estonian VC firm started by some of Skype’s founding engineering alumni. FlowPlay aims to charge users $5.99 a month and all games will have an added, site-wide role-playing layer. Launch had been scheduled for end of 2007 but CEO Derrick Morton, formerly RealNetworks’ (NSDQ: RNWK) mobile games GM, tells Seattle PI the company’s products are “very complex” and “required a lot of resources and time to build”. FlowPlay started with $500,000 seed funding early in 2007.

Feb 6, 2008 5:14 AM ET

Posted In: Entertainment, Games, Social Media, ambient sound investments, flowplay, intel capital

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