Boston – LuckyLabs, a Boston-based online game company founded by serial entrepreneur Steven Kane, has raised $3.5 million in venture capital, the company disclosed in a new filing with the Securities and Exchange Commission.
Kane previously founded Gamesville, which was sold to Lycos for $232 million in 1999, followed by GameLogic, which was acquired for an undisclosed price two years ago by Scientific Games.
LuckyLabs so far offers three titles, including Lucky Bingo, Talking Angry Drunk Santa and The Daily Drivel.
This article was also published in New England Tech Wire.
UPDATE: Steven Kane contacted DMW with the correct sum for the Gamesville transaction, which now replaces the figure obtained from contemporaneous news reports.
LuckyLabs – official site
Hi. Actually Gamesville was acquired by Lycos for $232 million. That $207 number was reported erroneously at the time, and has been repeated ever since.
Thank you for providing the correct information. Darn those reporters …
I’ll fix the story, so at least DMW won’t continue to spread the wrong figure.