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Guildcafe Gets Investment

| 27 Jul 2007 19:46
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IDG Ventures Boston invests in a guild community website.

Game community website GuildCafe Entertainment Inc. has raised an undisclosed sum of venture capital from IDG Ventures Boston. Guildcafe offers users to host guild websites and network with players of similar games centered around the massively-multiplayer role-playing genre. The influx of cash will help increase staffing and management to add functionality to the site.

"GuildCafe is becoming the place where players start their day. Before jumping into an online game, they'll stop by to find out what their friends are doing, learn about new content or plan their fun for the evening. It's our goal to create a community that places players at the center of the online gaming universe," said Jon Radoff, President and Chief Executve Officer of GuildCafe Entertainment Inc.

Jon Karlen of IDG Ventures Boston and now a member of GuildCafe's Board of Directors, added, "In contrast to older communities that treat gamers as consumers of editorial content, GuildCafe is enabling new forms of interaction, driven by players and the groups they belong to. Through its early lead, management experience and deep understanding of players, we believe GuildCafe is in a unique position to redefine the gaming media market."

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