OpenFeint?s Jason Citron Raises $1.1M To Go After Core Gamers With New Startup Phoenix Guild

Just a year after selling his mobile-social gaming network OpenFeint to GREE for $104 million, Jason Citron is at it again. He's starting a new company called Phoenix Guild and has pocketed $1.1 million from YouWeb, Accel Partners, and General Catalyst Partners. The goal is to be the "Blizzard of the post-PC era." After months of playing video games and traveling, he decided to have another go at it. "I knew that I wanted to do another gaming company," he said. "So I took a nice, deep breath and did it. I love making games." He added, "I'm a core gamer and it's just weird to me that I didn't find much on my iPad to play. Early on, it became apparent that there was a lot of action in free-to-play Farmville-style games. So there are still a lot of fairly low fidelity titles. We want something that's more like what you would see on consoles and PCs but re-imagined and built with modern monetization mechanics."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/3npgXJ5j1ac/

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