Siemer Ventures Backs 3D Fashion Games Startup

Los Angeles-based Siemer Ventures, the venture capital firm linked with investment bank Siemer & Associates, has invested in a Hong Kong 3D games startup, Frenzoo. Financial details of the investment were not announced. Siemer said it invested in Frenzoo in Q1. Frenzoo's online and iPhone games revolve around online, fashionable avatars. Frenzoo also says it is backed by Ambient Sound Investments, the investment firm co-founded by four of Skype's original engineers. More information »