Friday, June 25, 2010
June 02, 2010
San Francisco-based Curse Inc. quietly raised $6 million for its Curse.com MMO news and add-on portal late last year. The round is lead by new investors Venture Technologies and SoftTech VC along with returning investor AGF Private Equity. In all, the company has raised $11.8 million in funding counting its initial angel round. Curse.com users can download add-ons that modify the features and GUI of their favorite freemium and subscription MMOs at the site, as well as reading news and participating in forums.
The basic Curse.com service is free, but power users can pay for a $30 annual subscription that grants perks like faster download times and the ability to update multiple mods at once. The site has over 34,000 paid subscribers and shares revenue with mod developers. The site draws roughly 7.4 million unique users monthly. Curse's last round of funding was raised in July 2007, when the company raised its $5 million first round following its initially $800,000 angel round. According to founder Hubert Thieblot, Curse earned $3 million in revenue in 2009 and is profitable.
San Francisco-based Curse Inc. quietly raised $6 million for its Curse.com MMO news and add-on portal late last year. The round is lead by new investors Venture Technologies and SoftTech VC along with returning investor AGF Private Equity. In all, the company has raised $11.8 million in funding counting its initial angel round. Curse.com users can download add-ons that modify the features and GUI of their favorite freemium and subscription MMOs at the site, as well as reading news and participating in forums.
The basic Curse.com service is free, but power users can pay for a $30 annual subscription that grants perks like faster download times and the ability to update multiple mods at once. The site has over 34,000 paid subscribers and shares revenue with mod developers. The site draws roughly 7.4 million unique users monthly. Curse's last round of funding was raised in July 2007, when the company raised its $5 million first round following its initially $800,000 angel round. According to founder Hubert Thieblot, Curse earned $3 million in revenue in 2009 and is profitable.
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