Google Buys Jambool

Wade Roush8/16/10

Continuing its push into online social gaming, Google has acquired Jambool, the San Francisco- and Seattle-based maker of the Social Gold platform for managing virtual currencies and virtual goods sales, according to a post last Friday on Jambool’s blog. Terms of the acquisition weren’t disclosed. Founded in 2006, Jambool had raised $6 million in venture financing from Bay Partners and Madrona Venture Group.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @