GameWager Making Progress

1 comments / Posted on 06. Jan, 2009 by Bryan Menell in Consumer

It seems like just yesterday that GameWager moved their company from Houston to Austin to be closer to our gaming ecosystem. But it’s been almost a year. We featured them in a Q&A back in April. Since then, they’ve made solid progress on their product, and gave a fantastic demo at the Beta Summit at Innotech. Now the company has raised more money from their existing investors, and convinced advisor Nolan Bushnell, founder of Atari, to take a more active role in the company.

Nolan has been an advisor to the company for about a year, but is apparently going to be a little bit more active. I asked GameWager co-founder Thomas Marriott how he managed to snag Nolan Bushnell as an advisor. He said they just thought he would be a great advisor, and tracked him down and made a cold call.

Company founders Thomas Marriott and George Giannukos have really been running the company on a thin budget, using their apartment as their office. I asked Thomas if their new funds would be used for getting an office, and his reply was simply “no.” Tough times demand frugal measures!

I look forward to fragging you on GameWager soon!

Posted by Bryan Menell http://austinstartup.com Bryan is the founder and Editorial Director of AustinStartup.com, which launched in 2005 by Bryan Menell. He is currently the Collaboratory Director at Dachis Group. Bryan advises a handful of early stage companies and is a Managing Director of Capital Factory. To read more posts click here.

Tags: Funding, Press Release