Z2Live’s Latest Round Worth $2.5M

[Updated 4:30 p.m. with comment from CEO] Seattle mobile-game startup Z2Live’s latest venture round is worth about $2.5 million, according to a regulatory filing today. Z2Live had previously announced a Series B investment from Draper Fisher Jurvetson, joining previous investor Madrona Venture Group, but hadn’t disclosed the amount. Z2Live is focusing on social gaming for mobile devices, with an initial game called “Trade Nations.” The company is led by CEO David Bluhm, a startup veteran previously of Medio Systems, and CTO Damon Danieli, a Microsoft veteran who designed some of the core features of Xbox Live. Madrona had previously invested a total of $4 million, including at the seed stage in 2008. Bluhm notes that the round was more for strategic reasons than operating cash, as Z2Live “turned very comfortably profitable back in November.”

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.