Titan Gaming Raises $1M

Titan Gaming, Inc., a Los Angeles, CA-based developer of a tournament platform for skill-based games, has received $1m in funding.
Investors include:
– Clearstone Venture Partners principals William Quigley and Jim Armstrong,
– virtual goods pioneer Brock Pierce,
– MP3.com founder Michael Robertson,
– PriceGrabber co-founder and Bestcovery.com founder Kamran Pourzanjani,
– Vonage co-founder and www.kikin.com founder and CEO Carlos Bhola,
– SOA Software founder and ServiceMesh founder and CEO Eric Pulier,
– MyLife founder and CEO Jeffrey Tinsley,
– Hydra and W4 co-founder Adam “Wicks” Walker,
– ooma founder Andrew Frame,
– GigaMedia executive John Lee,
– PatentVest CEO Andy Mazzarella,
– former Korn Ferry Chairman Global Technology Markets Richard Spitz,
– iWin founder and TLDH.org founder and CEO Fred Kreuger,
– Ramprate founder and Chairman and myTASTE co-founder and CEO Tony Greenberg,
– New Motion founder and Revenue APEX co-founder and CEO Scott Walker,
– SAM Venture Partners,
– Tomorrow Ventures.

Incorporated in 2006, the company is developing its Titan Platform, which will offer gaming companies and content sites a complete gaming platform that enables skill-based matchmaking, tournaments and points or cash competitions.
The seed funding will enable the new executive team, which includes CEO John Maffei and COO Lisa Serwin, to complete the technology of the platform, as well as secure mass distribution deals.
Titan’s first customers are set to start in July.
FinSMEs
18/05/2010

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