Tech Company Financing Transactions
Portalarium Funding Round
On 7/10/2012, Portalarium landed $7 million in funding from Founders Fund, m8 Capital and Scout Ventures.
Transaction Overview
Company Name
Announced On
7/10/2012
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Proceeds Purpose
The company is planning on releasing Ultimate Collector, now in beta testing, later this summer on Facebook, web browsers, and mobile platforms. The money will also be used to launch production of Garriott's next RPG, Ultimate RPG/New Britannia, for mobile platforms.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
7400 Coldwater Canyon Dr.
Austin, TX 78730
USA
Austin, TX 78730
USA
Phone
Website
Email Address
Overview
Portalarium is developing and publishing premium online games and virtual worlds for popular social networks and mobile platforms. Portalarium games maximize the fun and social play experience between friends, making it is easy to find each other and play together regardless of where you are or what you are playing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Richard Garriott
Co-Founder
Dallas Snell
Browse more venture capital transactions:
Prev: 7/10/2012: Stripe venture capital transaction
Next: 7/10/2012: Continuity Control venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs