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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Six Degrees Games Secures Funding For Its Sports-Themed Virtual World Project

by Rainier on Aug. 5, 2008 @ 1:26 p.m. PDT

Six Degrees Games has secured $7 Million in financing, funds that will support the product development, launch and distribution of an original sports-themed virtual world designed for six to 14 year-olds, but open to all ages, currently in closed beta.

Six Degrees Games today announced it has secured $7 Million in Series A equity financing led by Clearstone Venture Partners and Prism VentureWorks. These funds will support the product development, launch and distribution of an original sports-themed virtual world designed for six to 14 year-olds, but open to all ages. The project is currently in closed beta and further details will become available over the next several months.

"It's an exciting time for our entire Six Degrees Games team as we drive toward the launch of an all-new, interactive sports-themed virtual world," said Minard Hamilton, CEO and co-founder of
Six Degrees Games, Inc. "In Clearstone and Prism, we have found partners that not only share our vision, but will also add immeasurably to our successful execution.”

“At Clearstone, we take great pride in investing in high-caliber entrepreneurs focused on creating innovative consumer experiences. With Six Degrees Games, there is a unique opportunity to deliver an immersive, branded experience that will appeal to both kids and their parents,” said Jim Armstrong, Managing Director of Clearstone Venture Partners. “We are very excited to be working with Minard, Ben and the impressive team they have put together here in Southern California to go after this massive opportunity.”

“Six Degrees Games is poised to offer the youth market a virtual sports world that surpasses current offerings,” said Will Kohler, Prism VentureWorks. “Prism’s LA presence has opened doors into new, high-value opportunities and Six Degrees Games is a great example of this. Minard, Ben and the Six Degrees Games team have worked with major participants in the world of sports, leagues and brands and understand how to build high-growth, successful companies.”

Six Degrees Games, Inc. was founded in 2006 by Minard Hamilton, CEO, and Ben Jones, President, and is based in Marina del Rey, CA. Prior to founding Six Degrees Games, Minard Hamilton and Ben Jones were senior executives at JAMDAT Mobile, a leading mobile game company which went public in 2005 and was later acquired by Electronic Arts in 2006. Prior to JAMDAT, Hamilton was a senior executive with ESPN and ESPN.com and Jones established and coordinated partnerships between leading game developers and publishers.

As part of the financing agreement, Jim Armstrong, Managing Director, Clearstone, and Will Kohler, Principal, Prism VentureWorks, have joined the company’s Board of Directors.

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