Online Sports Game Publisher Power Challenge Raises $8 Million

Authored by Mark Hefflinger on May 14, 2007 - 11:29am.

Menlo Park, Calif. - Power Challenge, a developer and publisher of online sports games, announced on Monday that it has received an $8 million investment from venture capital firm Benchmark Capital.

Founded in 2004, Karlskrona, Sweden-based Power Challenge offers free, online multiplayer sports titles including "Power Challenge" and "ManagerZone,"  where players can play on or manage a soccer team.

The company will use the funds to develop new titles, enhance the quality of existing games and expand the company's global infrastructure.

 

Related Links:
http://tinyurl.com/354bv6

http://www.powerchallenge.com

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