TITLE

Bezos' Bucks Back Kongregate

AUTHOR(S)
Schachter, Ken
PUB. DATE
April 2008
SOURCE
Red Herring;4/30/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of billionaire investor Jeff Bezos to invest $3 million in Kongregate, an online casual games site that draws its content from Indie developers. Kongregate has raised a total of $9 million, with a $1 million angel round and a $5 million investment by Greylock Partners, a backer of Red Hat, Digg and Facebook. The investment was made by Bezos, founder and chief executive of Amazon.com, through his person investment fund, Bezos Expeditions. It presents remarks from Kongregate Chief Executive Officer (CEO) Jim Greer.
ACCESSION #
36835005

 

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