Tech Company Financing Transactions
Power Challenge Funding Round
Benchmark Capital participated in a $8 million capital raise for Power Challenge. The funding round was announced on 5/14/2007.
Transaction Overview
Company Name
Announced On
5/14/2007
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Benchmark Capital (Johan Brenner)
Proceeds Purpose
The investment will
be used to fund development of new titles, enhance the quality of existing
games and expand the company's global infrastructure
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
445 Park Ave. 9th Floor
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Undisclosed
Website
Email Address
Overview
Power Challenge is the leading sports games provider on the Web. With two games currently available and more on the way, Power Challenge isadding thousands of users to a growing community of sports and games enthusiasts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patrick Armstrong
VP - Bus. Development
Anderson Schulle
VP - Marketing
Greg Hewitt
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Prev: 5/14/2007: Quanlight venture capital transaction
Next: 5/14/2007: Apnex Medical venture capital transaction
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