Fact Sheet

Mission

GameFly's mission is to be the leading source for gamers to rent, play, and buy games for PlayStation®3™, PlayStation®2, PSP™, Xbox 360™, Xbox™, Wii™, GameCube™, Nintendo DS™, and Game Boy® Advance. With more than 7,000 titles to choose from, GameFly carries all the latest releases, as well as hard-to-find classic games.

Business Model

GameFly is a membership-based video game rental company that enables consumers to sign up online to select the games they want delivered to their home. Members keep games for as long as they want and the service includes pre-paid mail both ways, with no due dates or late fees. GameFly's GameQ system enables members to create lists of their favorite games for continuous delivery of new titles. The company also allows gamers to purchase rented games at reduced pre-played prices.

Service Plans

Our most popular $22.95 monthly membership allows members to check out unlimited games per month, two games at a time. GameFly also offers a 1-Game Plan for $15.95/month, a 3-Game Plan for $29.95/month, and a 4-Game Plan for $36.95/month (3- and 4-Game Plans only available when eligible, both require an active account in good standing for at least 60 days).

Founded

July 2002 with official launch in November 2002

Web Site

http://www.gamefly.com

Management

David Hodess, Chief Executive Officer and President
Sean Spector, Co-Founder and Senior Vice President of Business Development and Content

Funding

Sequoia Capital
Sequoia Capital provides venture capital funding to founders of startups who want to turn business ideas into companies. As the "Entrepreneurs Behind the Entrepreneurs," Sequoia Capital's Partners have worked with innovators such as Steve Jobs of Apple Computer, Larry Ellison of Oracle, Bob Swanson of Linear Technology, Sandy Lerner and Len Bozack of Cisco Systems, Dan Warmenhoven of NetApp, Jerry Yang and David Filo of Yahoo!, Jen-Hsun Huang of NVIDIA, Michael Marks of Flextronics, Larry Page and Sergey Brin of Google, Chad Hurley and Steve Chen of YouTube, Dominic Orr and Keerti Melkote of Aruba Wireless Networks and Jonathan Kaplan of Pure Digital. To learn more about Sequoia Capital visit www.sequoiacap.com.

Tenaya Capital
Tenaya Capital is a leading venture capital firm with offices in Menlo Park, California, and Boston, Massachusetts. Founded in 1995 as Lehman Brothers Venture Partners, we became an independent company in 2009. Over the years we've raised five funds representing over $1 billion of committed capital, investing it in a wide range of high-growth technology companies including software, consumer Internet, communications, semiconductors, electronics, and cleantech. To learn more about Tenaya Capital visit www.tenayacapital.com.

Headquarters

Los Angeles, CA

Shipping Centers

• Los Angeles, CA
• Pittsburgh, PA
• Tampa, FL
• Austin, TX