3i has chosen to invest further in this $23.5m funding round for Sulake Corporation along with Benchmark Capital and Elisa after a successful year for the company, with strong market demand and excellent future prospects for this innovative and unique business.
Sulake is an interactive entertainment company specialising in developing, publishing and distributing multiplayer online communities and games. Sulake's top brand franchise, Habbo Hotel, is an online game environment designed for teens and has become one of the most popular and fastest growing teen websites in the world. To date, over 22 million Habbo characters have been created, with three million unique users visiting Habbo Hotel each month.
Sulake operates in various areas of the interactive entertainment industry; the fastest growing segment of the global entertainment and media market. Interactive entertainment is expected to grow from 25 to 55 billion USD between 2004 and 2008, averaging an impressive 20 percent compound annual growth.
The developer of Habbo Hotel, Sulake Labs Ltd has raised £4 million












85 to go !!!

