TopLine Game Labs Secures $25,000,000 New Financing
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e2e23d74-ce01-4c56-802f-9632490ddb3e&Preview=1
Date 6/26/2013
Company Name TopLine Game Labs
Mailing Address 1925 Century Park E Los Angeles, CA 90018
Company Description We are architecting a robust platform to power exciting new sports and entertainment based social games. With our initial focus on the innovative and fast growing short-duration fantasy sports marketplace, combined with our “mobile-first” philosophy, we are superbly poised to expand into other categories, delivering a one-stop online and mobile gaming solution.
Proceeds Purposes As part of the Cantor Ventures investment, our growth strategy capitalizes on existing assets, including the best attributes of the previous Cantor Fantasy Sports offering, such as daily fantasy sports play unencumbered by season-long restrictions. In addition, we plan to leverage Cantor’s deep experience from ownership in the popular Hollywood Stock Exchange, the leading virtual entertainment stock market, which offers tremendous growth opportunities alongside the spectacularly growing fantasy sports market.