Los Angeles
– Titan Gaming, the provider of an online platform for multiplayer games,
announced on Tuesday that it has raised $1 million in funding from angel
investors.
Backers include Clearstone Venture Partners principals William
Quigley and Jim Armstrong; MP3.com founder Michael Robertson; and Vonage
co-founder Carlos Bhola.
Founded in 2006, Los Angeles-based Titan offers gaming
companies and content sites a platform for offering skill-based matchmaking,
tournaments and points or cash competitions.
The company intends to use the
funds to finalize its technology and secure mass distribution deals. Its first
customers are slated to go live in July.
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