What Company Is Offering:
Challenge Online Games (Challenge Games) creates online games that are fun and easy to play whether you’re a serious or casual gamer. The company was founded by veteran entrepreneur and gamer, Andrew Busey, author of Secrets of the MUD Wizards and creator of one of the first instant messaging applications. Challenge Games currently offers Duels and Baseball Boss – multiplayer web-based games that combine the best of the collectible card games (CCGs) and traditional role-playing games with the convenience of the short-form gaming experience. The company also holds a multi-year licensing agreement with MLB Advanced Media, LP (MLBAM), the interactive media and Internet company of Major League Baseball.
How Much They Got From VCs:
Challenge Online Games™, Inc. (Challenge Games), developer of the popular Duels™ online fantasy game, today announced it has secured $4.5 million in Series A funding from Sequoia Capital, which has a long history of investing in market-leading gaming companies – including being the original investor in Atari, Electronic Arts and nVIDIA. Challenge Games also announced it signed a multi-year licensing deal with MLB Advanced Media, LP (MLBAM), the interactive media and Internet company of Major League Baseball. The funding and licensing deal will support expansion of the short-form, browser-based online game titles developed by Challenge Games, including a new kind of collectible card-based web sports game called Baseball Boss™, which the company launched today.
As part of the agreement with the MLBAM, Baseball Boss allows players to collect and trade virtual online baseball cards, which can be used to build teams and challenge other gamers or historical teams to fantasy baseball games. Like traditional baseball cards, the online cards available in Baseball Boss include player statistics and photos. Baseball Boss currently allows gamers to collect and trade virtual baseball cards of players from the 1907 and 2007 baseball seasons – with new seasons to be released over the coming months.
More at:www.challengegames.com.
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