In-Game Commerce Gets $16.8M Boost

Lee, Michael
November 2008
Red Herring;11/25/2008, p3
Trade Publication
The article reports on funds raised by micro-transaction company PlaySpan in second round funding from returning investors Easton Capital Group, Menlo Ventures, Novel TMT Ventures, and STIC. PlaySpan provides a centralized way of paying for massively multiplayer online games. It reported that it was able to raise $16.8 million funding, which it plans to use to expand in Europe and Asia.


Related Articles

  • PlaySpan raises $16.8 Mn in Series B. Mehta, Karl // Siliconindia;Dec2008, Vol. 11 Issue 11, p14 

    The article reports on the $16.8 million worth of series B investment received by PlaySpan Inc. from Easton Capital Group, Menlo Ventures, Novel TMT Ventures, STIC and other investors in India. The investment would be used for the global expansion of PlaySpan's user-base, online games and social...

  • Evergrid raises $10 M series B funding.  // Siliconindia;Jun2007, Vol. 10 Issue 5, p12 

    The article reports that data center software developer Evergrid has raised $10 million in its second round of funding led by Menlo Ventures in India. According to the author, the company has an interesting development model, which has two research and development centers, one in Pune and one in...

  • Roku Hits Play on Cash. Sadighi, Lalee // Red Herring;10/28/2008, p2 

    The article reports on an undisclosed third round funding sum received by the Saratoga, California based startup Roku from Menlo Ventures. The funding is for the company's promise to attract Netflix users to its low-cost set-top box that wants to prove Steve Jobs wrong about the nascent...

  • Calix Claws Upward in Trade Open. Red Herring Staff // Red Herring;3/24/2010, p1 

    The article reports that stock price of Calix Networks increased by 15 percent in its debut on the New York Stock Exchange (NYSE). The company is based in Petaluma, California, and supplies communications equipment. It has obtained financing from various investors, including Menlo Ventures,...

  • Venky Ganesan Named Managing Director at Menlo Ventures.  // India -- West;3/1/2013, Vol. 38 Issue 15, pB12 

    The article announces that Venky Ganesan has been appointed as managing director at U.S.-based Menlo Ventures.

  • Karl Mehta founded PlaySpan Raises $18 Million.  // Siliconindia;Sep2010, Vol. 13 Issue 9, p13 

    The article reports that PlaySpan Inc., a company founded by Karl Mehta which provides online game monetization solutions, has raised 18 million dollar-funding through the Bodhi Fund led by Vodafone Ventures and Softbank Corp. It states that the company will use the funds to globally expand its...

  • Resolve Announces Series A Financing, New Board Members.  // Biomedical Market Newsletter;5/17/2011, p555 

    The article offers information related to Resolve Therapeutics LLC. It states that the company's Series A financing has raised two million dollars from New York-based firms such as Easton Capital Investment Group and New Science Ventures (NSV). It also mentions several appointments at Resolve...

  • Where's the fire?  // Inc.; 

    Interviews Michael Laufer, managing director of Menlo Ventures about the hot market of start-up services. Discussion on time accounting; Views on the Internet.

  • Mark your calendar with multimedia. Nerney, Chris // Network World;08/11/97, Vol. 14 Issue 32, p54 

    Discloses that Amplitude Software Corp. is set to announce a $1 million second-round investment from Menlo Ventures. Total amount received by the company in an initial round of financing in November 1996; Products sold by the company; Release of EventCenter, a software program that enables...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics