Six Degrees Games, Inc. Secures $7 Million in Series A Funding
Clearstone Venture Partners and Prism VentureWorks Invest in Video
Game and Virtual World Publisher
MARINA DEL REY, Calif.–(EMWNews)–Six Degrees Games, Inc., a video game and virtual world publisher, today
announced it has secured $7 million in Series A equity financing led by
Clearstone Venture Partners and Prism VentureWorks. These funds will
support the product development, launch and distribution of an original
sports-themed virtual world designed for six- to 14-year-olds, but open
to all ages. The project is currently in closed beta and further details
will become available over the next several months.
“It’s an exciting
time for our entire Six Degrees Games team as we drive toward the launch
of an all-new, interactive sports-themed virtual world,”
said Minard Hamilton, CEO and co-founder of Six Degrees Games, Inc. “In
Clearstone and Prism, we have found partners that not only share our
vision, but will also add immeasurably to our successful execution.”
“At Clearstone, we take great pride in
investing in high-caliber entrepreneurs focused on creating innovative
consumer experiences. With Six Degrees Games, there is a unique
opportunity to deliver an immersive, branded experience that will appeal
to both kids and their parents,” said Jim
Armstrong, Managing Director of Clearstone Venture Partners. “We
are very excited to be working with Minard, Ben and the impressive team
they have put together here in Southern California to go after this
“Six Degrees Games is poised to offer the
youth market a virtual sports world that surpasses current offerings,”
said Will Kohler, Prism VentureWorks. “Prism’s
LA presence has opened doors into new, high-value opportunities and Six
Degrees Games is a great example of this. Minard, Ben and the Six
Degrees Games team have worked with major participants in the world of
sports, leagues and brands and understand how to build high-growth,
Six Degrees Games, Inc. was founded in 2006 by Minard Hamilton, CEO, and
Ben Jones, President, and is based in Marina del Rey, CA. Prior to
founding Six Degrees Games, Minard Hamilton and Ben Jones were senior
executives at JAMDAT Mobile, a leading mobile game company which went
public in 2005 and was later acquired by Electronic Arts in 2006. Prior
to JAMDAT, Hamilton was a senior executive with ESPN and ESPN.com and
Jones established and coordinated partnerships between leading game
developers and publishers.
As part of the financing agreement, Jim Armstrong, Managing Director,
Clearstone, and Will Kohler, Principal, Prism VentureWorks, have joined
the company’s Board of Directors.
About Six Degrees Games, Inc.
Six Degrees Games, Inc. is a video game and virtual world publisher for
major video game systems and personal computers with headquarters in
Marina del Rey, CA. For more information, visit www.sixdegreesgames.com.
About Clearstone Venture Partners
Clearstone Venture Partners is an early stage venture capital firm with
offices in Santa Monica, CA, Menlo Park, CA, and Mumbai, India.
Clearstone has a proven track record of developing market-changing
consumer internet companies, including: PayPal, NetZero, Overture and
CarsDirect. The firm has $650 million under management and is focusing
investments in its third fund on seed and early stage companies in the
United States and India. For more information, visit: www.clearstone.com.
About Prism VentureWorks
Prism VentureWorks is an early stage venture capital firm focused on
disruptive segments in the Digital Media, Software & Services and Life
Sciences sectors. The firm represents a committed team of early stage
investors whose industry operating heritage and domain depth make them
valued partners among entrepreneurs and syndicates in building
successful businesses. Founded in 1996, the Firm has approximately $1.25
billion in capital under management with offices in Needham, MA, and
Venice, CA. For more information, visit www.prismventure.com.
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