GameGround Secures $4.1M in Funding

GameGround, an Israeli company which says it has designed a service to distribute high scores and other in-game milestones to a subscriber's social graph, has reportedly secured $4.1 million in funding from Sequoia Capital. The company was started by Shaul Olmert, previously an executive with MTV who managed MTV Networks' Kids & Family's digital products business. He is also the son of former Israeli Prime Minister Ehud Olmert. Sequoia calls GameGround a "web-based gaming console that allows gamers to manage, maximize, and broadcast their gaming activities." GameGround describes the service as "an all-new personalized gaming center built around advanced technologies that aggregate all your web-wide gaming activities into a single online destination." Lead on the investment is Haim Sadger, a partner with Sequoia Capital Israel.