PurePlay is the first and largest legal play-for-cash online poker destination. Through a patented business model, PurePlay enables players to compete for cash without ever putting their own money at risk. The company was founded in November 2004 by Silicon Valley entrepreneurs with venture capital financial backing. The poker site, which launched in November 2005, has awarded over $3 million and today is the fastest growing legal online cash poker destination with over 1,000,000 players.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 05/07/08 | Series C | -1M | Gobi Partners, Institutinoal Venture Partners, VeraVenture, Yellow Dragon Enterprises | Unknown |
People
Jason Kellerman (CEO)
Andrew Felder (SVP Finance)
Julie Degnan (Director of Online Marketing)
Kirk Kirschenbauer (VP Operations)
Louis Roitblat (CMO)
Competitors
Goldfire Studios:
GoldFire Studios is an online game development studio that focusses on creating communities around high quality… See Company Profile »
News
Online gambling is illegal, right? Not quite; the poker is still going on PurePlay
May 6, 2008 12:53 pm
It’s pretty rare that venture capitalists will bet on a company that shows a hint of impropriety. Yet happens occasionally,… Continue reading ⟩