Game On! Virtual Stock Market Site Empire Avenue Secures $1.2 Million In Funding

BY: 

Dave Forde
August 18, 2011

As the market picks up, Edmonton-based Empire Avenue has announced the virtual stock market site has closed $1.2 million in funding.  The round was led by Crosslink Capital,  and also included iNovia Capital, as well as BioWare co-founders Drs. Ray Muzyka and Greg Zeschuk.  The funs will be used to expand their team and platform, as well establish addition partnerships for branded virtual items and achievement.

“We’re really excited to be backed by such a respected group of investors, who’ve all shown that they believe in the long-term potential of our socially-driven economy,” said Duleepa Wijayawardhana, CEO of Empire Avenue. “We will be leveraging the experience and involvement of all our incredible investors to grow the company and explore new ideas, platforms and connections to further develop Empire Avenue.

The company has also announced addition integration with social media sites Foursquare and Instagram, it already ties into Facebook, Twitter, YouTube, LinkedIn and Flickr and offers a range of metrics to show users the value of their networks on the various social networks.

 

 

 

 

 

 

 

Join your peers!

Get news, tips and other industry news delivered into your inbox for FREE!

Related Stories:

Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


>