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OGPlanet Funding News

OGPlanet, a provider of multiplayer online games, has received funding from a leading venture capital firm DFJ Athena. This funding supports its continued growth and the company is expected to reach profitability shortly.

OGPlanet licenses online games from Korea and markets them in the U.S. Its growing portfolio of massively multiplayer online (MMO) games includes CABAL ONLINE, RUMBLE FIGHTER, ALBATROSS18 and the recently announced LA TALE coming in the third quarter of 2008. OGPlanet operates all of its games under a free-to-play model while in-game item purchases are available through a micro-transaction system.