Limbo 41414

Limbo 41414 Raises $8 Million for Web, Online Auctions for Prizes

Authored by Mark Hefflinger on April 25, 2007 - 10:17am.

Burlingame, Calif. - Limbo 41414, the developer of a Web and mobile entertainment product called the Limbo Auction, announced on Wednesday that it has raised $8 million in new financing, led by New Enterprise Associates.

Career Moves: February 22, 2007

Authored by dmw on February 22, 2007 - 12:28pm.

Career Moves is made possible by @HIRE.
Limbo 41414, a mobile entertainment company, today announced the promotion of Stacy Geagan Wagner to VP of Communications, as well as the addition of three new directors: Richard Dumas, Director of Product Management; Rina Paguaga, Director of International Product Management; and Tracy Strom, Director of Technical Services.

tags: Career | Moves | Viacom | Limbo 41414 |

Virgin Launches Mobile Limbo Auction for New Charity, Virgin Unite

Authored by Mark Hefflinger on September 21, 2006 - 8:30am.

Burlingame, Calif. - Richard Branson's Virgin Group has launched a text message-based game that will award prizes and donate all proceeds to Virgin Unite, the company's new global charitable arm. The game is a "Limbo Auction" from Burlingame, Calif.-based Limbo 41414, where players try to place the lowest unique bid, or the lowest amount that no other person has also placed as their bid. The first two bids are free and thereafter cost 99 cents; for each bid, players also receive points redeemable for prizes in Limbo's store. Auction items include a one-week trip for two at Branson's "private Caribbean paradise, Necker Island," and two Harley-Davidson motorcycles.

Career Moves: August 30, 2006

Authored by dmw on August 30, 2006 - 11:25am.

Apple has elected Google CEO Eric Schmidt to its board of directors. Schmidt also sits on Google's board of directors and Princeton University's board of trustees.

Text-Message Games Provider Limbo 41414 Raises $7 Million

Authored by Mark Hefflinger on July 19, 2006 - 12:48pm.

Burlingame, Calif. - Limbo 41414, a developer of text-message-based games, said on Wednesday that it has raised $7 million in its second round of funding from Azure Capital Partners and Draper Fisher Jurvetson.

Limbo 41414 Launches Beta Site for "Limbo Auction" Game

Authored by Mark Hefflinger on March 22, 2006 - 4:21am.

San Mateo, Calif. - Limbo 41414 on Wednesday announced the launch of its Limbo Auction beta site, a hybrid of a mobile game, an auction and a sweepstakes. The company essentially raffles off prizes like Hummer H3's and NCAA Final Four tickets to players who place "bids" via text message or online; the winner is the person making the lowest bid that no other player makes. For instance, the recent winner of a $3,000 plasma-screen TV bid $3.25; each bid also wins "loot," which can be redeemed for goods in the Limbo store. San Mateo, Calif.-based Limbo 41414 is backed by Draper Fisher Jurvetson and Azure Capital Partners.

tags: Game | Limbo 41414 | Beta Website | Limbo Auction |