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MMO-focused gaming portal Curse has announced that it has raised $5 million in Series-A funding from VCs and private investors led by AGF Private Equity, which it will use to build a "full-featured, community-driven portal devoted to online gaming."
Curse, an MMO-focused gaming portal targeting fan communities, has announced that it has received $5 million in Series-A funding from French VC firm Private Equity and investors. Curse, which just launched its latest version V4, offers image and video uploading, blogging and social bookmarking to MMO gamers who want to share user-generated content. The terms of the funding enable Curse to retain operational and creative control. The latest funding dollars join about $800,000 Curse raised prior to Series-A through an earlier angel funding round in December 2006. “Curse’s vision is to build a full-featured, community-driven portal devoted to online gaming," said Curse’s founder and CEO, Hubert Thieblot, "providing players with invaluable resources and delivering the gaming demographic to advertisers, as well as partners in the game development and publishing industries." “MMOGs are a major growth segment in the gaming industry, and Curse successfully reaches the community that composes this growing market,” said AGF Private Equity partner Matthieu Baret, who is now a member of the Curse board.
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