Wednesday, February 08, 2006

GameLogic Inc. has received $18 million in a second round of venture capital funding - Waltham, MA

GameLogic Inc. has received $18 million in a second round of venture capital funding. The round was lead by Bain Capital Ventures in Boston, GameLogic said. Existing investors General Catalyst Partners in Cambridge and Maveron LLC in Seattle also participated in the round. Waltham-based GameLogic was founded in 2002. GameLogic's products and services provide regulatory-compliant gaming designed to enable legal casinos and government-sponsored lotteries to stay connected to their players virtually anywhere there is a computer, according to company officials.

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