Benchmark invests $8 million in Power Challenge

Benchmark Capital has invested USD 8 million in growing online sports games company Power Challenge.

The venture capital firm, which recently recruited Mitch Lasky (pictured) from EA, can now add Power Challenge to its existing investments in multiplayer social networking sites Second Life, Habbo Hotel, Bebo, Red 5 and Gaia Online.

"With Benchmark on board we gain the network and resources we need to be a leading player in the web-based sports world," commented Johan Christenson, CEO of Power Challenge.

"We can now increase the pace of releasing new games while developing an even richer game-playing experience for our existing users, all at the best value on the market."

Power Challenge was established in 2004 and fuses PC-based sports games with online social networking communities.

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