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Article: Games site lands VC funding, aims to expand brand. (Media & Technology).(WorldWinner Inc.)(Brief Article)
- Article from:
- Los Angeles Business Journal
- Article date:
- December 2, 2002
- Author:
CopyrightCOPYRIGHT 2002 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Zorik Gordon wants to build the next eBay.
While he won't be going head to head with the online auction behemoth, he sees its business model as one worth emulating in his three-year-old Internet games site, WorldWinner Inc.
WorldWinner.com, where for a fee players play against other users for cash and merchandise prizes, has just landed $9.2 million in its third round of venture financing, led by Benchmark Capital of Menlo Park.
Benchmark, which has backed an array of technology businesses including eBay, Palm Inc. and RedHat Software, has a 35 percent stake in the company and installed partner Robert Kagle on WorldWinner's board.
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