Tagged: game

Unikrn raised $350,000 at first close a few days ago


unikrn Unikrn reported launching a $2.5 million mezzanine private placement. According to the filing, 14% or $350,000 was sold to two backers a few days ago. An additional $2.15 million in funding is to be raised until the offering draws to a close in November 2015. Unregistered securities don’t appear to have been previously sold by the company.

The company is a game developer founded by Rahul Sood who is behind Voodoo and the creation of Microsoft Ventures.

The company, headquartered in Sammamish WA, was registered this year. Revenues remained undisclosed.
The executive team includes Karl Flores and Rahul Sood.

Offering recap
Status: First close
Company: Unikrn
Industry: Other Technology
Amount offered: $2.5 million
Amount placed: $350,000
First sale: 11-14-2014
Data as of: 11-18-2014

For more information visit www.XDATA.co

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Luminary issues $200,000 worth of securities


80% of Luminary’s $250,000 unregistered private offering was placed almost two weeks ago. The non-brokered equity securities were subscribed by four investors. The first close garnered $200,000. Based on the offering’s structure, the company has until October 2015 to raise an extra $50,000. The equity offering’s estimated net proceeds will amount to $195,000 which excludes $55,000 to be paid toward officers’ salaries. This is the first time Luminary is selling securities under a registration exemption.

The company is a mobile game developer founded by the Co-founder of Zynga. The company’s first game is a strategic endless runner game dubbed Greedy Goblins.

Carl Eric Schiermeyer (CEO) leads the San Francisco CA based company which was registered in 2013. Luminary elected to keep its revenues undisclosed.
The executive team includes Amir Pascal Ebrahimi and Marco Rizzo.

Offering recap
Status: First close
Company: Luminary
Industry: Other Technology
Amount offered: $250,000
Amount placed: $200,000
First sale: 10-30-2014
Data as of: 11-12-2014

For more information visit www.XDATA.co

Nix Hydra Games catches up on its reporting duties with the SEC


nix hydra gamesLate filer Nix Hydra Games reported the successful completion of its $345,000 unregistered debt financing. All the securities were subscribed by five investors. First commitments were received in November 2011. The offering’s structure suggests the placement was scheduled to close before November 2012. Another unregistered securities offering which raised an estimated $5 million was completed by the company. It turns out the company reported all its past offerings within a few days and out of sequence following the closing of a $5 million financing round. According to a Wall Street Journal article* available on the company’s Facebook** page, Foundry Group is the lead investor in the round with participation from Mike Lazerow and other individuals. The company’s post-money valuation stands at around $20 million.

Nix Hydra Games designs, develops and markets video games for mobile phones. The woman-owned company is behind the game called “egg baby”, a pet-raising simulation game. The game is available for iOS and Android.

The company, headquartered in Los Angeles CA, is led by Zijun Chen (President). Nix Hydra Games kept its revenues undisclosed.
The executive team includes Naomi Juliet Ladizinsky.
The board of directors includes Seth Levine.

In a concurrent filing, Nix Hydra Games disclosed having raised $626,000 in a fully subscribed offering.
The company has raised an estimated total of $5.97 million via private unregistered security offerings.

*WSJ article
**Facebook page

Offering recap
Status: Completed
Company: Nix Hydra Games
Industry: Other Technology
Amount offered: $345,000
Amount placed: $345,000
First sale: 11-28-2011
Data as of: 05-30-2014

Video game design app, Pixel Press, issues $250,000 worth of securities


pixel press42% of Pixel Press Technology‘s $600,000 unregistered private offering was placed last Friday. The non-brokered equity securities were subscribed by three investors. The first close garnered $250,000. The offering will remain open until March 2015 while an additional $350,000 worth of securities is sold to investors. Until this disclosure Pixel Press Technology had raised an estimated $310,000 in unregistered securities via one previous financing round. The company raised $109,000 via a kickstarter campaign in June 2014.

The company is designing an application (app) for mobile, desktop and web that allows users to design video games. The users can create a fully customized video game by drawing it on a piece of paper, take a picture, test, design and share it. The company is developing two products. “Floors” is to design run-and-jump platformed style games like Super Mario Brothers. Floors will cost $10 and is to be release on iOS in spring 2014 and mid 2014 for Android. “Quest”, to be released in 2014, will be to design open world adventure style games.

Robin Rath (CEO) leads the St. Louis MO based company which was registered in 2013. Pixel Press Technology elected to keep its revenues undisclosed.
The executive team includes Robert Bennet.
The board of directors includes Richard Chaifetz.

The company has raised an estimated total of $560,000 via private unregistered security offerings.

Offering recap
Status: First close
Company: Pixel Press Technology
Industry: Other Technology
Amount offered: $600,000
Amount placed: $250,000
First sale: 03-07-2014
Data as of: 03-13-2014

Indie game developer reports successful placement of its mezzanine securities


wicked funA $210,000 unregistered mezzanine investment round initiated by Wicked Fun was subscribed by two financial backers. According to the information disclosed, the placement started yesterday and was fully subscribed. One prior placement was closed under regulation D by the company and raised an estimated $300,000.

The company is an indie massively multiplayer online game (MMO) developer. It is about to beta launch its first game called “Force of Elements” according to information available on the company’s website.

The company, headquartered in Fremont CA, was registered in 2013. Wicked Fun kept its revenues undisclosed. The executive team includes Theresa “Terry” Redfield and Will Perone (Co-founders).

The company has raised an estimated total of $510,000 via private unregistered security offerings.

Offering recap
Status: Completed
Company: Wicked Fun
Industry: Other
Amount offered: $210,000
Amount placed: $210,000
First sale: 02-26-2014

Late filer Vostu completed a $450,000 equity offering


vostu 2Late filer Vostu sold a total of $450,000 in a brokered equity investment round. The transaction which started a few months ago, garnered the support of sixteen investors. The private placement’s expected net proceeds amounts to $420,000 which excludes $30,000 paid in brokerage fees. The company closed five previous unregistered private placements which raised an estimated $48.72 million. The company is backed by early investor Intel Capital, General Catalyst Partners, Accel Partners and Tiger Technology Global Management.

Vostu is a social gaming company with a focus on the Latin American market. It released in 2009 its first game called “Joga Craque”, a role playing game (RPG) featuring Brazilian soccer players. The company has since then launched multiple games (Mini Fazenda, Café Mania, MegaCity, Vostu Poker, Rede do Crime, Pet Mania) on Orkut, the Brazilian social network as well as on Facebook, MSN and their own platform. The company has been referred to as the Zinga of Brazil.

The company, headquartered in New York NY, is led by Daniel Kafie (CEO). Vostu elected to keep its revenues undisclosed.

The company has raised an estimated total of $49.17 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Vostu
Industry: Other Technology
Amount offered: $450,000
Amount placed: $450,000
First sale: 2013-11-27

Marketing game board completed a first close of $195,000 on its expected $800,000 placement


First close of $195,000 announced by Buoyant Concepts, does business as triple dibs, on its $800,000 offering non-brokered unit (Equity and warrants) private placement. The company placed 24% of the offering with twenty-two investors. The private placement will remain open for a year while an additional $605,000 is raised by the company. This is the first known offering initiated by the company on the US private placement market. The unit offering’s expected net proceeds will amount to $696,000 which excludes $104,000 to be paid toward officers’ salaries.

The company developed a marketing game board that leverages facebook. Users are claiming ownership on prizes offered by local merchants and the player with the most “kicks” (or votes) from other players wins the prize. The game is integrated with facebook in order to leverage the social network’s reach and for users to ask friends to kick in their favor. The game is a marketing campaign where prizes are selected based on players’ locations and sourced from local merchants.

Richard Kelsey (CEO) leads the Citrus Springs FL based company which was registered in 2012. Revenues for the latest fiscal year were not reported.

Offering recap
Status: First close
Company: Buoyant Concepts
Industry: Telecommunications
Amount offered: $800,000
Amount placed: $195,000

TUG developer initiated a first close of $304,000 on its equity offering


A first close of $304,000 was initiated by Nerd Kingdom on its fundraising effort started this month. 30% of the $1 million non-brokered equity offering was placed with four investors. The private placement will remain open for a year while an additional $696,000 is raised by the company. A Series A round, initiated by the company and facilitated by Credo LLP, raised an estimated $1.2 million in late 2012. In addition Nerd Kingdom has raised around $350,000 in donations via Kickstarter and its website.

The company is developing a technology that puts more creative control in the hands of video gamers and reduces the development time for game and media creation. The company’s first product is TUG a single and multiplayer open-world sandbox RPG using emerging technology and social sciences to directly involve players in the game’s design.

The company, headquartered in Los Angeles CA, was registered in 2012. Nerd Kingdom elected not to disclose its revenues.
The executive team includes Peter Salinas and Michael Weiser. The board of directors includes Jeff Lapin, Kelly Flock and Gary Patrick.

Offering recap:
Status: First close
Company: Nerd Kingdom
Industry: Other Technology
Amount offered: $1,000,000
Amount placed: $304,000

Athlete and fan engagement app announces first close of $450,000 on its $800,000 equity offering


A first close of $450,000 was initiated by OverDog on its fundraising effort started last month. 56% of the $800,000 non-brokered equity offering was placed with five investors. The company will attempt to raise an additional $350,000 in funding before the end of the offering a year from now. Three previous financing rounds initiated by Overdog raised an estimated $3.9 million.

The company, previously known as ProPlayerConnect.com, develops a mobile application that connects athletes with their fans to play multiplayer games on Xbox and PlayStation during their down time. The application, launched in May 2013, is available for iOS and will soon be available for the Android operating system. Users select their favorite athletes and get notified when they send out challenges.

The company, headquartered in Nashville TN, is led by Steve Berneman (Co-founder and CEO). It was originally founded in September 2007 in Tempe AZ and relocated to Tennessee in late 2010. Overdog elected not to disclose its revenues.
The executive team includes Hunter Hillenmeyer (Co-founder and President), Amanda Donnelly (Sales and Marketing), Thomas Bernstein (Product), Kiefer Hagin (Developer, Product and mobile solutions) and Brandon Hamric (Developer, Platform and analytics solutions). The board of directors includes Eric Satz and William Guttman.

Offering recap:
Status: First close
Company: Overdog
Industry: Other Technology
Amount offered: $800,000
Amount placed: $450,000

Mobile app developer partial close on $1 million mezzanine offering


Built In Menlo, Inc. placed 35% of its non-brokered mezzanine offering. The company is looking for thirteen additional investors to close the financing.

The company develops iOS light applications (apps) and games targeting millennials (i.e. 15-24 years old). The core philosophy of the company’s app development is to involve the use of the smartphone’s camera. The company’s first free app “PicChallenge” has been released in November 2012 followed by “Pic!Chat” the following month.

Built In Menlo is the brain child of Jason Festa (CEO) who founded the Menlo Park CA based company in June 2012.