GameWager Making Progress

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. He is currently the Director of the Collaboratory at venture-funded Dachis Group. Bryan advises a handful of early stage companies and is a Managing Director of Capital Factory. To read more posts click here.