Inside money, markets, and Big Tech

This article was published on July 4, 2008


    GameDuell raises €10.8 million in series B

    GameDuell raises €10.8 million in series B


    Ernst-Jan Pfauth
    Story by

    Ernst-Jan Pfauth

    Ernst-Jan Pfauth is the former Editor in Chief of Internet at NRC Handelsblad, as well as an acclaimed technology author and columnist. He a Ernst-Jan Pfauth is the former Editor in Chief of Internet at NRC Handelsblad, as well as an acclaimed technology author and columnist. He also served as The Next Web’s blog’s first blogger and Editor in Chief, back in 2008. At De Correspondent, Ernst-Jan serves as publisher, fostering the expansion of the platform.

    Berlin-based game site GameDuell has raised €10.8 million in a second round of funding. The self-claimed largest game community of Germany received their first round from Holtzbrinck Ventures and Burda Digital Ventures in 2004 and now acquired new capital in series B – led by Wellington Partners.

    The numbers of GameDuell are pretty impressive: the community has 10 million registered members who together play 200,000 games on a daily basis. Founders Boris Wasmuth, Kai Bolik, and Michael Kalkowski (see picture) claim to have more than 200 media partners – which rates them as the no. 3 online advertiser in Germany. The workforce of 80 employees is supposed to double before the end of this year.

    So why is GameDuell so popular? Simple: users play against each other and have the chance to win serious cash prizes. The games are skill-focused – think Darts, Pool, Sudoku, Solitaire, and Mahjong -, so some governments don’t consider the games as gambling. For most people from countries where online gambling is forbidden, GameDuell offers a good alternative – since they can still win prizes. GameDuell offers localized site for visitors from US, UK, Spain, France, Holland, Sweden, Denmark, Germany, Austria and Switzerland.