WeGame raises $3M for gaming video site
WeGame is a video site aimed exclusively at gamers, offering a niche for them to show off clips taken of gaming sessions alongside previews from publishers.
The site also offers a desktop application used to record games, which supports 31 games at the time of writing. Once clips are recorded they can be automatically uploaded to the site.
Niche sites like WeGame appear to be working pretty well because larger sites like YouTube often don’t serve smaller audiences particularly well; most of the top clips on WeGame would be lost in the flood of content on YouTube.
The $3 million funding was provided by True Seed Ventures and The Hit Forge, as well as SoftTechVC and some angel investors (those last two via TechCrunch, which also has more info on WeGame’s 19 year old founder). The site is based in San Francisco, CA.
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Tags: co:wegame, deal, inv:softtechvc, inv:the-hit-forge, inv:true seed ventures
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.