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Sixth Grade Game Programmer Nets $6.5 Million In Funding

September 21, 2007 /

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PFL Tech Inc. is a marketing technology company that provides sales enablement and marketing automation solutions, as well asprinting, mailing, and fulfillment services. They also provide some great Montana Jobs.

Venture capitalists bet large on the future of junior high student Arjun Mehta’s system for selling virtual goods in games.

Start with a Silicon Valley garage — it worked for Google and HP. Add 6th grade programmer Arjun Mehta with a system for selling virtual goods in games and you get the archetypal startup story, with parents — rather than public relations — playing gatekeeper for a twist.

Add seven game publishers committed to be customers and $6.5 million in funding from Easton Capital, Menlo Ventures, STIC, and Novel TMT Ventures, and you get to try to keep your jaw from hitting the floor, assuming you believe Arjun, rather than his tech industry father Karl, co-founder and CEO of PlaySpan, is the driving force behind the company.

By Thomas Claburn
InformationWeek

Full Story: http://www.informationweek.com/news/showArticle.jhtml?articleID=201807910&cid=nl_IWK_daily

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