Posts Tagged ‘lori hawkins’

ATI-Alum GameSalad Raises $6.1 million from Investors in Second Round Funding

Monday, April 4th, 2011

 

In a March 31 article in the Austin American-Statesman, tech writer Lori Hawkins reported that Austin Technology Incubator (ATI) alum GameSalad, raised $6.1 million in its second round of funding from Steamboat Ventures (Disney’s investment arm); Greycroft Partners; DFJ Mercury; DFJ Frontier and ff Asset Management.

GameSalad uses the social web to allow members to design, publish and distribute original games without programming knowledge, and play with others across multiple platforms, such as the iPhone, iPad, Mac and any other Internet-connected device.

GameSalad, the largest third-party game development tool for Apple’s mobile platforms, offers its basic services for free and charges for a professional version. To date, GameSalad users have created over 4,500 games, including 30 games that have made it into the top 100 ranks of Apple’s U.S. App Store, which is quite impressive.

“We are focused on growing GameSalad into a world-class gaming company,” said CEO Steve Felter and Disney alum. “By making game creation accessible to anyone with a passion for games, we’ve empowered a new breed of game designers.”

GameSalad, who was founded in 2007 and joined ATI in 2009, raised $1.2 million from investors, including Steamboat Ventures, in its first round of funding last year.

For the full Statesman article read here.

Statesman features ATI-member GameSalad for VC success

Tuesday, October 19th, 2010

Gendai LogoThe Austin-American Statesman‘s Sunday edition highlighted Austin-Technology-Incubator member company GameSalad, Inc., maker of the do-it-yourself iPhone game development platform that carries the same name. Tech writer Lori Hawkins featured GameSalad’s tough path to venture capital funds through the eyes of the company’s CEO, Tan Tran.

After getting accepted into the Austin Technology Incubator in the summer of 2009, GameSalad renewed its fundraising efforts.

It took another year, but in July, the company succeeded, receiving…read the rest of the article here.

Ned Hill, whose VC firm DFJ Mercury was a leading investor in GameSalad’s most recent round, also contributed to the article. DFJ Mercury offices in the Austin Technology Incubator. GameSalad, Inc., was formerly known as Gendai Games, Inc.


Statesman spotlights ATI grad Qcue for partnering with MLB, Tickets.com

Thursday, July 22nd, 2010

qcuelogofinalThe Austin-American Statesman shined their spotlight on dynamic-pricing wizard Qcue, Inc., an ATI graduate, after nailing down game-changing partnerships with Major League Baseball and Tickets.com.

Below is an excerpt of Lori Hawkins’ article, which ran Wednesday evening.

Austin-based Qcue Inc. is partnering with Tickets.com and Major League Baseball to sell software that lets teams change ticket prices based on consumer demand.

Qcue (pronounced “cue cue”) was founded in 2007 by University of Texas students Barry Kahn and Jiten Dalvi , who set out to create software that prices tickets based on fluctuating market factors.

Qcue’s software analyzes variables that affect demand, such as the date of the game, the weather, the opponent, gate giveaways and whether the team is on a winning or losing streak.

Read more…

The partnerships, also briefed Wednesday morning by the Austin Business Journal, mark a turning point in Qcue’s startup success tale. Working alongside MLB and Tickets.com will soon have Qcue’s dynamic pricing engine in box offices across the nation.