Wednesday, July 11, 2012

Pocket Change Finds More Funding

A virtual currently startup, Pocket Change, with links to Southern California has just raised $5M more in funding. The firm, which provides virtual currency handling for Android game makers, is the startup of Ari Mir, who formerly co-founded GumGum, and Amos Elliston, who served as CTO at Geni and SVP of Engineering at Yammer. The new round apparently was led by Google Ventures, and also included former investors First Round Capital, Baroda Ventures, and angels, including Los Angeles investors Mike Jones of Science Inc. and Kamran Pourzanjani, who founded Pricegrabber. Pocket Change was initially known as Lunch Money, with an address in Santa Monica, but its site now shows it is headquartered in San Francisco. More information »