Wednesday, April 23, 2008

Nurien Software, a leading developer and operator of social networking and online gaming services has secured US$15 million in Series A funding

What Company Is Offering:
Nurien Software is a leading developer and operator of next-generation social networking services and online game service platforms. Nurien Software enables users to truly express their individual identities by offering powerful user-created 3D objects and avatars that interact and network amongst each other via virtual worlds and the web.

How Much They Got From VCs:

Nurien Software, a leading developer and operator of social networking and online gaming services, today announced that it has secured US$15 million in Series A funding from a syndicate of leading investors from the U.S. and China including Northern Light Venture Capital (NLVC), Globespan Capital Partners, New Enterprise Associates (NEA), and QiMing Venture Partners. Proceeds will be used to accelerate the launch of its social networking service platform and online gaming offerings. Nurien will hold a closed beta launch this month in Korea.

Full scale launches of Nurien's platform and offerings will begin in China and Korea at the end of 2008 and in the U.S. in early 2009. Nurien has built a unique platform with which users can create their own one-of-a kind avatar, 3D space and content, and interact with their peers. Nurien also provides users the ability to play online games and participate in a variety of engaging social applications such as MStar, an online dance game; Runway, a fashion show application; and QuizStar, a casual online game.

"Having the backing of first-tier marquee investors greatly validates the progress we've made over the last few years," said Taehoon Kim, co-founder of Nurien Software. "We are excited to partner with world class venture capital firms to build upon our vision of creating a revolutionary new way for people to express themselves, interact with friends, and play online."

More at: http://www.nurien.com.

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