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Jambool which Operates Social Gold Raised $5 Million
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Jambool Inc. operates a virtual currency platform under the name Social Gold. A site can create a virtual economy using the Social Gold platform. The front end will tie in with Google Payments, PayPal and others so individuals can get currency into your world.
It is a white-labeled virtual currency for developers to simply plug and play. Another nice product offering is the recurring revenue from the subscription method they have implemented as well.
Funding
Funding Total: $5,000,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| A | 08/2009 | $5,000,000 | – | – |
| Investors: Bay Partners, Madrona Venture Group | ||||
Founders
- Posted in: Funding
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