6th Grader Gets 6.5m in Venture Capital for His Game Company

by on Sep 20, 2007

<strong>Twenty indie development studios just fell down dead in shock.</strong> PlaySpan, a company co-founded by Arjun Mehta, a 6th grader from Silicon Valley, was recently awarded just over 6.5 million dollars in venture capital. Arjun started the co

Twenty indie development studios just fell down dead in shock.

PlaySpan, a company co-founded by Arjun Mehta, a 6th grader from Silicon Valley, was recently awarded just over 6.5 million dollars in venture capital. Arjun started the company last year using money he made from selling goods in online games he was playing.

Virtual world goods seller PlaySpan has received $6.5 million Series A in a round led by Easton Capital, Menlo Ventures, STIC and Novel TMT Ventures. PlaySpan hasn’t launched yet, but is promising a product that will attempt to be an official commerce provider for multiple MMOGs. According to PlaySpan, the company has already signed up seven MMOG partners

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Last Updated: Mar 13, 2016