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Six Degrees Games, Inc. Secures $7 Million in Series A Funding

2008-08-05 07:00:00

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.

Its 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

massive opportunity.

Six Degrees Games is poised to offer the

youth market a virtual sports world that surpasses current offerings,

said Will Kohler, Prism VentureWorks. Prisms

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,

successful companies.

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 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 companys 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

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:

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

Six Degrees Games, Inc.
Tim DaRosa, Director of Marketing

[email protected]

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