WeGame's 19 Year Old Founder Raises $3 million Financing

Next Story

With HD DVD vanquished, Blu-Ray player prices inflate

San Francisco based WeGame, a “YouTube for gamers” (although it is much more than that) seems to be off to a solid start. Since launching last month, founder Jared Kim says 7,000 videos have been uploaded to the site, and 13% of users are uploading videos. The other 87% are there to watch game videos like this one from Guitar Hero:

http://www.wegame.com/static/flash/player2.swf

The company will announce they’ve closed a $3 million second round of financing, adding to the $500,000 they raised previously. True Ventures led the round, with participation from HitForge, SoftTechVC and a number of individuals.

Kim, who’s 19, dropped out of Berkeley last year to launch WeGame. This is his third startup.

blog comments powered by Disqus