Challenge Online Games Scores $10M

Austin-based Challenge Online Games said Thursday afternoon that the firm has secured $10M in a Series B funding. According to the firm, the round was led by Globespan Capital Partners, and also included Series A investor Sequoia Capital. Challenge Games develops the online fantasy game Duels, the fantasy baseball game Baseball Boss, along with other titles. The round comes only three months after raising $4.5M in its Series A round. Challenge said the round will go to accelerate its business, through development of new games, partnerships, and possible acquisitions. More information »