History
Kongregate was released on October 10, 2006 by sister and brother team Emily and Jim Greer into an alpha testing phase, which lasted until December 2006. During this time, game developers and players tested the site's interface and functionality. In December of the same year, the site was formally opened to the public. The site formally entered the beta testing phase on March 22, 2007. As of July 2008, Kongregate had raised around $9 million in capital from investments by Reid Hoffman, Jeff Clavier, Jeff Bezos, and Greylock Partners.
In July 2010, GameStop announced an agreement to acquire Kongregate. At the same time, Kongregate officially exited their beta phase. Because of Gamestop's purchase of Kongregate, developers who work through Kongregate can have their content promoted to people who shop at a Gamestop store. Kongregate also provides a platform for creators of games on Facebook to expand their potential audience.
Read more about this topic: Kongregate
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