Thursday, July 17, 2008

OGPlanet, an innovative provider of multiplayer online games has received funding

What Company Is Offering:
OGPlanet is a leading North American publisher of online games. The company, founded in 2005, offers a selection of some of the best massively multiplayer online games from Korea on a free-to-play basis. Users experience beautiful, easy-to-play multiplayer online games without the obligations of a subscription fee.

How Much They Got From VCs:

OGPlanet, an innovative provider of multiplayer online games, announced it has received funding from a leading venture capital firm, DFJ Athena. This funding supports its continued growth and the company is expected to reach profitability shortly.

OGPlanet licenses online games from Korea and markets them in the US. Its growing portfolio of massively multiplayer online (MMO) games includes Cabal Online, Rumble Fighter, Albatross18 and the recently announced La Tale coming in the third quarter of 2008. OGPlanet operates all of its games under a free-to-play model while in-game item purchases are available through a micro-transaction system.


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