Chinese internet portal leads USD11m funding in US games firm, Outspark

US-based casual online multiplayer games company Outspark is receiving USD11m in Series B funding, led by Chinese internet portal firm Tencent Holdings. Previous investors Altos Ventures and DCM also participated. The funding will be used to help Outspark convert Asian online multiplayer games for access by US customers, with Tencent providing consultative and technical support at the Asian end of the process. The company says it will also use the investment to enhance existing titles such as Fiesta and Secret of the Solstice as well as building up its repertoire of new titles through co-operation with international games developers and marketers.