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GameGround Grabs $4.1 Million From Sequoia

Israel-based gaming stats aggregator GameGround has received $4.1 million in funding from Sequoia Capital, bolstering the $2 million in seed investment it had already raised.
Israel-based gaming network startup GameGround has received $4.1 million in funding from Sequoia Capital, bolstering the $2 million in seed investment it had already raised. The company, which also operates in New York, was founded by former Blizzard global business development VP Itzik Ben-Bassat, gambling site 888.com founder Guy Margolin, and former MTV executive (and son of Israel's prime minister) Shaul Olmert. Though it was formed in 2007, GameGround has yet to publicly elaborate on the specific nature of its planned products; its official site, which is labeled "alpha," describes it as "an all-new personalized gaming center built around advanced technologies that aggregate all your web-wide gaming activities into a single online destination." The pitch, which promises "personal stats and gameplay analysis across all of your titles" is reminiscent of the goal of other services such as Valve's Steam, MTV's Xfire, and Stardock's Impulse, as well as less-pervasive ones like the EA-acquired Rupture. News of the raised capital was first reported last week by TechCrunch and VentureBeat, but was largely overshadowed by the annual barrage of news out of the E3 Expo in Los Angeles. According to TechCrunch, one of GameGround's plans includes an agent for PC and Mac that will integrate existing and upcoming games with GameGround's own services.

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