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Infinium Labs Nets $5 Million Funding Commitment

Posted by Zonk on from the you're-entering-the-vicinity-of-an-area-adjacent-to-a-location dept.

Next Generation is running the almost unimaginable news that Infinium Labs has a $5 Million funding commitment from Golden Labs Investors. From the article: "The funding, which comes in the form of a convertible debenture and warrant, and allows for an initial funding payment of $625,000, with an eventual exercising of up to $5M in convertible debt. will allow Infinium to start manufacturing and marketing its PC Lapboard peripheral. The PC peripheral, which is being billed by Infinium as 'the first device to allow gamers to comfortably use a mouse and keyboard from their couch', rotates for left and right-handed users and also inclines on a 90-degree angle, with a hard surface below for the Phantom Mouse."

1 of 50 comments (clear)

  1. Re:There's a penny arcade somewhere... by big+tex · · Score: 3, Informative

    Serious growth potential,, that is.

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    I think I need a new sig here.