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Google Buys Virtual Currency Company Jambool

mbegin [PersonRank 10]

Monday, August 16, 2010
13 years ago9,784 views

<< We are excited to announce that Jambool is becoming a part of the Google family today.

Jambool started as a social collaboration platform in 2006. In 2007, we shifted our focus to build applications on social networks. Along with success, we found fun and lucrative ways to monetize our apps – specifically virtual currency and goods. That led us to create a platform to help developers create, host, manage and monetize their virtual economies.

Social Gold has grown by leaps and bounds since it went live in 2008. In the first half of 2010, we've processed more than double the entire payment volume we processed in all of 2009. And we've welcomed hundreds of developers to our platform. The fact that our highest revenue day was in the last week attests to the continued growth of online gaming.

Our vision is to build world-class products that help developers manage and monetize their virtual economies across the globe. When the opportunity arose to join forces with Google to execute against this vision, we couldn't pass it up. We are thrilled to bring the Social Gold platform to Google's global users. And we invite you – our customers, partners, and friends – to continue on the journey with us. >>

http://blog.jambool.com/index.php/2010/08/13/social-gold-joins-google-a-letter-from-our-founders/

http://blog.jambool.com/wp-content/sg_goog_3d1.png

http://www.jambool.com

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