Playlogic Makes Profit, Gets New Investment
by Rainier on April 25, 2007 @ 10:30 a.m. PDT | Filed under News
Playlogic announced that its revenues went up 30% (from $2.7M to $3.5M) compared to last year, as well as its profit and shares, primarily due to newly released PC titles such as Infernal and Ancient Wars: Sparta. By the same token, Playlogic announced that it is expecting to raise $10 million in a private placement from accredited investors within weeks.
