CrowdStar, a gaming company backed by Intel Capital and Time Warner Investments, has reportedly raised $11.5m.
The business raised funds from its former backers and other investors, who were unnamed, news provider All Things Digital said on Wednesday.
CrowdStar raised $23m last year from corporate venturing units from US-listed chip company Intel and US media company Time Warner, as well as China-based online game developer The9 and NV Investments, which is businessman Aviv Nevo’s venture capital firm. CrowdStar was set up in 2008.