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Boston
– Hangout Industries, a Boston-based developer of online social gaming services
for children, has raised $2 million in venture debt, according to a new filing
by the company with the Securities and Exchange Commission.

Hangout’s services
allow young users to create their own personalized avatars, play casual
mini-games, go shopping, throw parties for their friends, or just hangout in
virtual environments.

The company has raised a total of $12 million in venture
capital, according to published reports.

 

Related Links:
http://www.sec.gov/Archives/edgar/data/1396158

http://www.hangout.net

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