What Company Is Offering:
Outspark is redefining interactive entertainment through an engaging virtual playground accessible to players of all ages and experience levels.A unique publisher and operator of free online community games. The company's global reach enables it to select the most compelling social games from talented development teams located around the world.
How Much They Got From VCs:
It has raised $11 million in Series B financing. Leading the round is Tencent Holdings, the operator of China’s top Internet portal and instant messaging service. Existing investors DCM and Altos Ventures also participated in the round, which will help Outspark expand and enhance a virtual playground that has attracted more than 1 million registered users in less than five months.
About Tencent
Tencent aims to enrich the interactive online experience of Internet users in China by providing a comprehensive range of Internet and wireless value-added services. Through various online platforms that include the Instant Messaging service “QQ,” web portal QQ.com, QQ Game portal, multi-media blog service Qzone and wireless portals, Tencent provides online services to the largest community in China and fulfills user needs for communication, information, entertainment and e-Commerce online.
Tencent currently operates three principal lines of business: Internet value-added services, mobile and telecommunications value-added services and online advertising. Shares of Tencent Holdings Limited are traded on the Main Board of the Stock Exchange of Hong Kong Limited, under stock code 700. www.tencent.com/ir.
more at: http://www.outspark.com.
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