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Rotohog raises $2m for white-label fantasy sports games

By on March 11, 2009
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TechCrunch reports that RotoHog has raised $2 million to expand its fantasy sports business internationally.

RotoHog operates and develops custom branded fantasy sports games for clients such the NBA.com, LG Electronics, GoDaddy.com, Pro Football Weekly, and Turner Digital.

The company has raised a total of $11.6 million and this recent round (called Series B) was from existing investors Mission Ventures and DFJ Dragon. DFJ Dragon Fund is run in partnership with Draper Fisher Jurvetson and invests in early-stage, high-growth, China-centric technology companies.

I confess to having no inside track on this one, but a $2m Series B compared with a $8 million Series A seems odd to me. Could this be a downround to make up for RotoHog needing more breathing space to make its numbers?

About Nicholas Lovell

Nicholas is the founder of Gamesbrief, a blog dedicated to the business of games. It aims to be informative, authoritative and above all helpful to developers grappling with business strategy. He is the author of a growing list of books about making money in the games industry and other digital media, including How to Publish a Game and Design Rules for Free-to-Play Games, and Penguin-published title The Curve: thecurveonline.com