DotBlu snags $2M for gaming social network
Online gaming community DotBlu has raised $2 million in first-round funding from D.E. Shaw and Maple Investments. The San Francisco-based site lets users play aracade and betting games, earn and spend “BluBucks” on virtual cars, houses and gifts, and create and take quizzes. Players create profiles and avatars that they can then trick out also using BluBucks.
The year-old startup initially launched as a betting site called BluBet. It received $225,000 in seed funding from investors including YouTube co-founder Jawed Karim and Flixster chief executive Joe Greenstein, reports TechCrunch
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.