Sunday, October 5, 2008
Cognisafe announces seed investment by 21Ventures
October 1,2008 -
21Ventures announces investment in CogniSafe Ltd. - Anti-cheat software provider for online-games
New York, NY and Tel-Aviv, Israel, October 1, 2008 --- 21Ventures, a U.S. based venture capital firm, announced today a seed investment in CogniSafe Ltd. – an Israeli company providing real-time anti-cheat software solution for online games . The funding is earmarked for sales and marketing and ongoing product development. “CogniSafe brings an exciting new approach to solve the cheating problem in online games, a problem which causes significant losses to gaming companies and harms the players ability to enjoy the challenge and adventure of a cheat-free game environment. Just like online banking and commerce services, the online gaming industry is vulnerable to fraud and cheating, but no real time solution has been presented so far to solve the cheating problem. We believe that CogniSafe solution will become the standard in detection and prevention of cheating in online games and we are happy to be among the first to identify CogniSafe potential” said David Anthony, Managing Partner of 21Ventures. The cheating problem in online games causes game providers to remove tens of thousands of paying players every month, due to suspected cheating. The removal is usually done following a complaint from other players, or after a post mortem analysis of player's actions. In addition, a significant number of legitimate players abandon some game titles, and cease paying, when they feel they have been cheated. CogniSafe's solution enables online game providers to detect, in real time, any deviation from proper gaming procedures by the online players, and remove cheaters from participation in the game, thus makes cheating attempts futile and enables other players to continue and enjoy a cheat-free gaming experience. "There is a clear need in the market for a real-time solution that will enable the gaming companies to really understand the magnitude of the cheating phenomena, gather evidence against cheaters, and remove them from the game before they affect the gaming experience for other players ”, said Izik Shimon, CEO of CogniSafe. Izik continues "We are already engaged with several leaders in the online gaming industry, which understand the potential of increasing the integrity of their games and avoiding significant losses, by working with CogniSafe".
21Ventures-Cognisafe Press Release - PDF
21Ventures Cognisafe Press Release on 21Ventures Site
Read the Cognisafe / 21Ventures article on emedia- CLICK HERE!
21Ventures announces investment in CogniSafe Ltd. - Anti-cheat software provider for online-games
New York, NY and Tel-Aviv, Israel, October 1, 2008 --- 21Ventures, a U.S. based venture capital firm, announced today a seed investment in CogniSafe Ltd. – an Israeli company providing real-time anti-cheat software solution for online games . The funding is earmarked for sales and marketing and ongoing product development. “CogniSafe brings an exciting new approach to solve the cheating problem in online games, a problem which causes significant losses to gaming companies and harms the players ability to enjoy the challenge and adventure of a cheat-free game environment. Just like online banking and commerce services, the online gaming industry is vulnerable to fraud and cheating, but no real time solution has been presented so far to solve the cheating problem. We believe that CogniSafe solution will become the standard in detection and prevention of cheating in online games and we are happy to be among the first to identify CogniSafe potential” said David Anthony, Managing Partner of 21Ventures. The cheating problem in online games causes game providers to remove tens of thousands of paying players every month, due to suspected cheating. The removal is usually done following a complaint from other players, or after a post mortem analysis of player's actions. In addition, a significant number of legitimate players abandon some game titles, and cease paying, when they feel they have been cheated. CogniSafe's solution enables online game providers to detect, in real time, any deviation from proper gaming procedures by the online players, and remove cheaters from participation in the game, thus makes cheating attempts futile and enables other players to continue and enjoy a cheat-free gaming experience. "There is a clear need in the market for a real-time solution that will enable the gaming companies to really understand the magnitude of the cheating phenomena, gather evidence against cheaters, and remove them from the game before they affect the gaming experience for other players ”, said Izik Shimon, CEO of CogniSafe. Izik continues "We are already engaged with several leaders in the online gaming industry, which understand the potential of increasing the integrity of their games and avoiding significant losses, by working with CogniSafe".
21Ventures-Cognisafe Press Release - PDF
21Ventures Cognisafe Press Release on 21Ventures Site
Read the Cognisafe / 21Ventures article on emedia- CLICK HERE!
Labels: cognisafe ltd. anti-cheat software online games 21ventures david anthony investment
Thursday, October 2, 2008
Tel Aviv Skating Group
Cool video of large group of people skating in the textile district of tel aviv israel. Camera by Yonatan Frimer
Labels: awesome, extreme, fun, rollerblades, skate, skating, tel aviv, textile district
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