Intel Leads $4M Xfire Round
Xfire, the social gaming service, got $4 million in VC backing from Intel Capital. In conjunction with the financing, Xfire has also strengthened the executive team by adding Mark Donovan as President, Juston Brommel as Chief Marketing Officer and Autumn Radtke as Director of Business Development. Xfire was acquired by Titan Gaming from Viacom in August 2010. With this round of financing, Xfire has split from Titan Gaming to operate independently. Xfire is already backed by several prominent angel investors, including Tomorrow Ventures, Clearstone Venture Partners principals William Quigley and Jim Armstrong, PriceGrabber co-founder Kamran Pourzanjani, and MP3.com founder Michael Robertson.
6 October 2011•4 mins read
