Live Gamer Buys Twofish

Live Gamer Inc., a platform that allows online gamers to buy and sell virtual assets with real money, has acquired TwoFish Inc., a provider of virtual economy data solutions for casual gaming and social application developers. No financial terms were disclosed. Live Gamer has raised over $26 million in VC funding, from firms like Charles River Ventures, Kodiak Venture Partners and FirstMark Capital. This includes a $24 million Series B round in late 2007 at a post-money valuation of approximately $60 million. TwoFish has raised around $8.5 million from Triplepoint Capital, Rustic Canyon Partners and Venrock.

24 August 2009•4 mins read
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