from our press release today:
FOR IMMEDIATE RELEASE
July 13, 2007
West Palm Beach, FL -- Chesspark.com, an innovative new online chess community moved another step closer to their full-feature product launch today with the completion of an investment round with angel investor Jon Callaghan of True Ventures, Burnt Norton, Inc. and Eaglebrook School. This round brings the total amount raised to $1 million which Chesspark.com will use to fund the completion of its public beta test in anticipation of their full-featured product launch in Q3 of this year.
"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. "We are getting 1,000 new signups every day and the response has been fantastic."