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	<title>Pulse2 Technology and Social Media News &#187; Itzik Ben-Bassat</title>
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		<title>GameGround Raises $4.1 Million From Sequoia</title>
		<link>http://pulse2.com/2009/06/04/gameground-raises-41-million-from-sequoia/</link>
		<comments>http://pulse2.com/2009/06/04/gameground-raises-41-million-from-sequoia/#comments</comments>
		<pubDate>Thu, 04 Jun 2009 19:41:19 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[pulse2]]></category>
		<category><![CDATA[GameGround]]></category>
		<category><![CDATA[Guy Margolin]]></category>
		<category><![CDATA[Itzik Ben-Bassat]]></category>
		<category><![CDATA[Sequoia Capital]]></category>
		<category><![CDATA[Shaul Olmert]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=16058</guid>
		<description><![CDATA[GameGround is a game expansion development company based in Israel.  Currently they do not have any published products and they are labeling themselves as being in alpha phase.  Despite the lack of a product to showcase, the company has raised &#8230; <a href="http://pulse2.com/2009/06/04/gameground-raises-41-million-from-sequoia/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-16057" title="gameground-logo" src="http://mediaserver.pulse2.com/uploads/2009/06/gameground-logo.png" alt="gameground-logo" width="279" height="64" /><br />
<span style="color: #ff6600;"><strong><a href="http://www.GameGround.com">GameGround</a> is a game expansion development company based in Israel.  Currently they do not have any published products and they are labeling themselves as being in alpha phase.  Despite the lack of a product to showcase, the company has raised $6.1 million already.  The latest round is $4.1 million from Sequoia.</strong></span></p>
<p>GameGround was started in 2007 and was founded by Shaul Olmert, Guy Margolin, and Itzik Ben-Bassat.  The three of them have some sort previous history in game development.  Ben-Bassat used to work at Blizzard and Margolin worked at 888.com.  Olmert is a former MTV VP in their Digital Products division.</p>
<p>The basic idea behind GameGround&#8217;s product is that will serve as a &#8220;special agent for Mac and PC that can work with existing games to expand their online functionality, even after they’re released,&#8221; <a href="http://www.techcrunch.com/2009/06/03/sequoia-puts-41-million-into-gameground/">according to TechCrunch&#8217;s Jason Kincaid</a>.</p>
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