Overview

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Total Equity Funding
$12M in 3 Rounds from 2 Investors
Most Recent Funding
$2M Venture on March 30, 2010
Headquarters:
Boston, MA
Description:
Hangout is a social gaming company that integrates social networks with casual game-play in a 3D virtual world.
Founders:
Categories:
Casual Games, 3D Technology, Video Games
Website:
http://hangout.net
Social:

Company Details

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Founded:
2005
Contact:
617-447-2160
Employees:
51 - 100 | None found in Crunchbase

Hangout is building the next generation in social gaming by combining the powerful community of social networks with the rich immersion and engaging casual game-play of a 3D virtual world.

Play Games, Go Shopping, Throw Parties for Causes in Hangout Teen girls (and later guys) create their own personalized avatars, play casual mini-games, go shopping, throw parties for their friends, or just hangout. Playing games earns money for fashionable looks, new moves on the dance floor, or money to give to charity. At launch, players will be able to begin building their fashion empire as they level up to become a top fashion designer. Soon they can also aspire to become a dance master or the ultimate chef in order to throw the party of a lifetime, all in the name of a real charity of their choice. Hangout is about having fun with friends, meeting new people, and making a difference!

Hangout Uniquely Integrates Social Games with a Virtual World Each game we publish seamlessly plugs into the same virtual world, so players keep their avatars, possessions, and status from game to game. The integrated publishing approach results in improved cross-promotion and better player retention and monetization.

Funding Rounds (3) - $12M

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DateAmount / RoundValuationLead InvestorInvestors
Mar, 2010$2M / Venture0
May, 2009$4M / Series B2
Mar, 2007$6M / Series A2

Board Members and Advisors (1)

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Offices/Locations (1)

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  • Office

    110 Chauncy Street

    Boston, MA 02111

    USA

Past Team (3)

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Past Event Appearances (1)

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