Chesspark raises $1 million
Chesspark.com, an innovative new online chess community, has completed an investment round with angel investor Jon Callaghan of True Ventures, Burnt Norton, Inc. and Eaglebrook School to raise a total of $1 million. This will be used to complete public beta test and assure timely full-featured product launch this 3rd Quarter of the year.
This new chess Web site aims to provide the best chess playing experience on the web by offering a flexible and fun gaming environment for chess players worldwide, a social network for players, tournaments, lessons and team play.
“With over 100,000 users already enrolled in the beta test we have been able to refine and perfect our gaming platform. As we finish up some exciting additional features in coming weeks we remain on course to launch the best subscription-based experience for chess players,” says Jack Moffitt, co- founder of the venture.
Recently, Chess.com has launched its own social network and already registered 10,000 members after first month of launch.
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Don’t mean to be a a jerk, but chess.com doesn’t have 10,000 members. It’s more like 4700. Guess you can’t count? (Sorry Chess.com) This is pretty typical of a story that originates at TC (where you got that number). I guess no one does a member search anymore? Next time I put out a press release I should say… 50,000 signups a day.. someone will print it as fact.. Not a bad idea. :p
By JCT on July 13, 2007 1:13 pm
[...] – I only chanced upon this site from this story claiming that the site owners had raised a million dollars to complete beta testing of whatever [...]
By Chess Tyro [.] com on July 31, 2007 7:11 am