Jambool Receives $5,000,000 Series B Financing

  • Feed Type
  • Date
    8/18/2009
  • Company Name
    Jambool
  • Mailing Address
    Pier 38 The Embarcadero San Francisco, CA 94107
  • Company Description
    Social Gold is a full feature virtual economy platform that developers can use to create their currency systems, monetize it using in-game payments by Social Gold, and manage and grow their economy using Social Gold virtual economy analytics. Social Gold was founded by veterans from Amazon.com — people who built the foundational infrastructure for their e-commerce and web services, and who had gone on to build some of the most popular social games.
  • Website
    http://www.jambool.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company plans to use the money to accelerate product development and expand distribution.
  • M&A Terms
  • Venture Investor
    Madrona Venture Group
  • Venture Investor
    Bay Partners

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