Gaming market company PlaySpan buys gaming-goods purchase company PayByCash
PlaySpan offers an application that video game players can download and use to trade, buy or sell virtual goods and other products. It has purchased a complementary company, PayByCash, that lets gamers purchase products using cash, checks, PayPal and other payment methods. PayByCash has clients including Electronic Arts, Sony Online Entertainment and Mythic Entertainment.
PlaySpan, notably, has a 12 year old co-founder and has raised $6.5 million in venture capital.
Next Story: E3 perspective: Q&A with Chairman Strauss Zelnick on the future of Take-Two Interactive
Previous Story: Deerpath Energy raises $3.5M for small wind turbines
About the Author, Eric Eldon
Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.