Watercooler Garners $5,500,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33c182d4-5ddd-43fe-b428-df4fc4970e4e&Preview=1
Date
10/25/2009
Company Name
Watercooler
Mailing Address
153 Castro St. 3rd Floor Mountain View, CA 94041
Company Description
The Watercooler platform enables fans to connect with other fans in entertainment and sports communities inside their favorite social networks: Facebook, MySpace, Bebo, and Friendster.
Website
http://www.watercooler-inc.com
Transaction Type
Venture Equity
Transaction Amount
$5,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Watercooler will use the round to fund further development of fantasy sports and social games on Facebook and other platforms.
M&A Terms
Venture Investor
Betfair
Venture Investor
Canaan Partners