Investors Bet $5 Million on Casual Game Site OMGPOP, Hope Users Start Paying Up

Tue, Mar 10th, 2009

Web startups that plan to make money from advertising are having a rough time raising money. But Web startups that say they'll do it by charging customers? Still possible.

Today's example: OMGPOP, the casual gaming site formerly known as iminlikewithyou, which has raised a $5 million round led by Bessemer Venture Partners. Previous investors Spark Capital and Ron Conway's Baseline Ventures re-upped, but not Netscape/Ning/"Project A" investor Marc Andreessen, who took a flier on the company last summer.

Read the whole story on AllThingsD

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