Trivia Games Maker Amuso Raises $1.5 Million
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London-based casual games maker Amuso has raised $1.5 million (£947,000) from Mangrove Capital Partners. It’s first round was undisclosed but Mangrove was an investor at launch along with angel investors, two of whom now join the company as staff.
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The company hosts games at Amuso.com but its niche is making tailored trivia games for the likes of MTV, MySpace, Metro.co.uk and AOL.
It has more than 200,000 registered users and is in talks through its New York office with “leading US online publishers” to add its games widget to their sites.
Its games are either free or—for a small fee—can be played for cash rewards; the company stresses this is not gambling because its games are based on skill, not random chance. As a result of the new funding, Amuso’s Barcelona office’s headcount has grown to 10 while its London HQ makes three new hires: Ned Walley and Rabin Yaghoubi—both former strategic partnerships directors at Google (NSDQ: GOOG) and angel investors in Amuso—come on board as does former AOL (NYSE: TWX) Entertainment director of products Bill Houghton.
Posted In: Entertainment, Games, Money, M&A & Venture Capital, Venture Capital
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