Chesspark raises $1 million
By Leo Blanco July 13, 2007

Chesspark.com, an innovative new online chess community, has completed an investment round with angel investor Jon Callaghan of True Ventures, Burnt Norton, Inc. and Eaglebrook School to raise a total of $1 million. This will be used to complete public beta test and assure timely full-featured product launch this 3rd Quarter of the year.

This new chess Web site aims to provide the best chess playing experience on the web by offering a flexible and fun gaming environment for chess players worldwide, a social network for players, tournaments, lessons and team play.

“With over 100,000 users already enrolled in the beta test we have been able to refine and perfect our gaming platform. As we finish up some exciting additional features in coming weeks we remain on course to launch the best subscription-based experience for chess players,” says Jack Moffitt, co- founder of the venture.

Source: www.901am.com

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