Google was originally set to debut in-app payments support for Android in the fourth quarter of 2010, and recently said that the launch would be delayed until the end of this quarter. Be that as it may, the company is set to launch another much-anticipated (at least by many app developers or publishers) Web-based in-app transactions product in May 2011. (see updates below)
Jambool, the company… → Read More
Earlier this week we broke the news that Jambool and their Social Gold monetization platform had been acquired by Google. Jambool founders Vikas Gupta and Reza Hussien have just confirmed the deal on their company blog. While the blog post did not reveal a purchase price, our sources have it pegged at $55 million plus another $15 million -$20 million in an earnout.
Jambool’s Social Gold allows… → Read More
Google continues to gobble up companies that will form the backbone of its new social strategy and the upcoming war with Facebook. Last week it was Slide. And they are now buying Jambool and their Social Gold payment product, we’ve heard from multiple sources. The purchase price is $55 million plus another $15 million -$20 million in an earnout, say our sources.
Social Gold gives app developers… → Read More
Jambool, the startup behind the Social Gold micropayments platform, has closed a $5 million funding round led by Madrona Venture Group, with Bay Partners participating as well. The company has now raised around $6 million, after a $1 million round in Q3 2008.
Jambool initially started off as a developer for games on social networks — a lucrative but very crowded space that includes players… → Read More
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