CNET NEWS — June 14 – Start-ups peddling virtual goods raised $69m in funding in the first quarter of 2009.
First quarter 2009 financings:
* IMVU – $10,000,000
* ngmoco – $10,000,000
* Nurien – $10,000,000
* Offerpal Media – $15,000,000
* Ohai – $6,000,000
* OMGPOP – $5,000,000
* OneSeason.com – $3,500,000
* Scrapblog – $4,000,000
* Viximo – $5,000,000
* Three Melons – $600,000
The full article was originally published at CNet, but is no longer available.
Mark Brooks: Viximo is helping iDating and social networking companies capitalize on virtual goods, and are a sponsor of Online Personals Watch and Social Networking Watch.
Virtual goods is clearly emerging as a lucrative business model for social sites across the web. Expect this list to grow as the industry becomes more popular in North America and europe.
Virtual goods is clearly emerging as a lucrative business model for social sites across the web. Expect this list to grow as the industry becomes more popular in North America and europe.
great to know since things are changing since facebook came along.
great to know since things are changing since facebook came along.