This story was written by Tameka Kee.
In-games commerce firm Live Gamer has raised $2.8 million in funding, according to an SEC filing. The company is calling it “side-car” financing that came in prior to its acquisition of Twofish; the money came from a mix of previous backers and new investors—though Live Gamer declined to give specifics.
The company raised $24 million in a first round of funding from Charles River Ventures, Kodiak Venture Partners and Pequot Ventures in 2007. It has since acquired rival in-game and virtual payment providers like N-Cash (and Twofish).
By Tameka Kee