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Challenge gets $4.5 million to play games

Andrew Busey has been a part of some key web technologies over the past 15 years, such as Mosaic (the first web browser) and iChat (one of the first IM apps). He also co-founded Pluck.

Yet, Busey's passion is gaming. So, a couple years ago, he started a new company in the space: Challenge Games.

In fact, this week the firm raised $4.5 million from Sequoia Capital (keep in mind that the firm has invested in such break-out companies like Atari, Electronic Arts and nVidia). The venture capitalist on the deal, Roelof Botha, learned about the company while playing its popular title, Duels.

Continue reading Challenge gets $4.5 million to play games

Sirius controller resigns, called up to majors

Sirius Satellite Radio CFO, David J. Frear, will be doing double duty over the next several months. His controller, Edward Weber Jr., has resigned. Weber is off to bigger and better things (for his own career, maybe) as CFO of Major League Baseball Advanced Media.

Is this a case of a major member of the management team jumping ship, or is Sirius acting as farm team? Either way, it can't be good news for the satellite radio company.

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Last updated: November 11, 2009: 01:50 AM

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