Craig Allen Joins Funk Ventures Advisory Board

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Interactive Gaming Pioneer Craig Allen joins the advisory board of private equity and venture capital firm Funk Ventures.

Private equity and venture capital firm Funk Ventures announced today that interactive gaming pioneer Craig Allen has joined its advisory board.

Funk Ventures’ advisory board helps the firm stay informed on trends and opportunities in the various industries that are of importance to the firm’s investment activities. Allen, currently CEO of Spark Unlimited, brings significant experience in the entertainment and interactive gaming fields to the advisory board, which was established earlier this year.

“A highly respected pioneer in the interactive gaming market, Mr. Allen’s addition to our advisory board is extremely welcome,” said Andy Funk, CEO and Chairman of Funk Ventures. “One of the most dynamic and open-minded visionaries in the field, Mr. Allen’s role as an active advisor will prove invaluable to our firm”.

Mr. Allen was formally the Executive Vice President of Jim Henson Interactive, where he was the primary creative architect behind The Jim Henson Company’s expanded digital media activities. Prior to working at the Jim Henson Company, Mr. Allen spent six years at Disney Interactive focusing primarily on video games based on the company’s popular film and television properties and contributed to global corporate strategy as it related to the game industry. As CEO of Spark Unlimited (http://www.sparkunlimited.com), Mr. Allen currently manages a development crew of 65 individuals who have primarily developed titles in the award winning Medal of Honor™ series. Spark has a multi-year, multi-title production deal to develop console games with video game giant Activision (http://www.activision.com) and is currently finalizing development of Call of Duty: Finest Hour™ (http://www.callofduty.com), the latest installment in the award winning Call of Duty™ series, an epic World War II game with a realistic “look and feel” not achieved in similar games. Call of Duty: Finest Hour™ is due to be released on XBOX and Playstation 2 and highly anticipated to be one of the top-rated games in 2004.

About Funk Ventures

Funk Ventures is a multi-faceted private equity firm headquartered in Los Angeles, California. The firm’s business segments span from venture capital and investment banking to real estate and business services. The firm’s venture capital arm, which makes value-add investments in promising companies in the technology, wellness and education markets, is complemented by an investment banking unit which provides access to outside capital to private and emerging companies. Funk Ventures also develops and invests in real estate and runs a business services unit that provides professional and advisory services to its clientele and portfolio companies. For more information, visit http://www.funkventures.com or call (818) 716-0413. Funk Ventures is a registered trademark of Funk Ventures, Inc.

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