Google will acquire San Francisco-based Jambool, the developer of a virtual monetization platform, TechCrunch reported. The blog cited sources who say the purchase price was $55 million, plus an earnout worth another $15-$20 million. Jambool was founded in 2006, and to date has raised at least $6 million in venture capital from investors including Bay Partners, Madrona Venture Group, Charles River Ventures, Bay Partners and The Hit Forge. The company's service lets developers build virtual payment platforms into their applications and online games.
http://techcrunch.com/2010/08/09/google-aquires-jambool-social-gold/
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