Online sports game publisher Six Degrees raised $7 million in a round of funding led by Time Warner Investments, with returning backers Clearstone Venture Partners and Prism VentureWorks also participating. Combined with the $7 million picked up in May 2008, the company has so far secured $14 million.

Founded in 2006 and based in Marina Del Ray, Six Degrees Games runs ActionAllStars.com, a free-to-play, youth-oriented virtual world that takes advantages of licenses with the NBA and MLB to offer sports activities like baseball, basketball surfing, and more. Players can also create customizable characters, decorate personal rooms, and chat with each other.

The site attracts more than a million unique users each month, CEO Minard Hamilton revealed in a report from VentureBeat. The company plans to use its new funding to further expand that growth and bolster its internal development capabilities.

Six Degrees also announced that it plans to add microtransactions to ActionAllStars.com and sell virtual goods to its players. While the site offers a premium monthly subscription for exclusive features (games, events, gear, unlimited shopping/chat, etc.), it also offers a free "30-day pro trial".