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Overview
Xfire is the leader in social gaming services for core gamers. In July of 2012, Xfire passed 22 million registered users.
Xfire was founded in 2003 and acquired by Viacom in 2008 for $102 million.
In August 2010 Xfire was spun out of Viacom by a private team of serial entrepreneurs and internet investors, including: Brock Pierce (IGE, Affinity Media), Mark Donovan (Titan Gaming), and William Quigley (Clearstone Venture Capital). The new team brings a wealth of experience, energy and focus that will further solidify Xfire’s leadership in the gaming space.
Xfire has recently released a re-vamped website and new UI/UX on its desktop and in-game client.
Further, it has launched a new competitive gaming service, Battleground into closed beta.
Battleground features 3 modes of competitive gaming; Instant Action (24/7 death match styled play), Challenges (direct wagering between users or clans) and Tournaments (multi-ladder, automated tournament system) supported by a full virtual eco-system of Xcoin (paid currency) and Battle Tokens (earned currency).
Xfire continues to provide users social networking, group VOIP and chat, social sharing of in-game screen shots and videos, and live-streaming gameplay.
To learn more about Xfire and to download the client, please go to www.xfire.com.
About
Gaming, Video Games, PC Games
2002
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Xfire headquartered in United States, North America, operates in the Gaming, Video Games, PC Games sector. The company focuses on Gaming and has secured $1.4B in funding across 72 round(s). With a team of 11-50 employees, Xfire is actively contributing to advancements in Gaming. Their latest funding round, Venture Round - Xfire, raised $4.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
6
6
0
$19.5M
Details
4
Xfire has raised a total of $19.5M in funding over 4 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2003 | Early Stage Venture | 1.5M | ||
2003 | Early Stage Venture | 1.0M | ||
2004 | Late Stage Venture | 5.0M | ||
2005 | Late Stage Venture | 5.0M |
Investors
Xfire is funded by 7 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Jim Armstrong | - | FUNDING ROUND - Jim Armstrong | 4.0M |
Kamran Pourzanjani | - | FUNDING ROUND - Kamran Pourzanjani | 4.0M |
Xfire | - | FUNDING ROUND - Xfire | 4.0M |
Michael Robertson | - | FUNDING ROUND - Michael Robertson | 4.0M |
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