Thursday, September 20, 2007

12 Year Old Gets $6.5M for Gaming Company

A Silicon Valley company co-founded by a 12-year-old has just raised $6.5 million in venture capital.
PlaySpan, based in Santa Clara, Calif. says it offers game publishers a
technology that lets users make payments and shop for other items. It
calls itself the first "publisher-sponsored in-game commerce network."
Arjun Mehta, a 6th grader, says on his Web site that he is passionate
about software that can make the game experience more "rewarding," and
that he started the company last year in his garage. He paid for it
from earnings made from selling online game items he won."

Article Link

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