29 Mar '12, 2am

SGEntrepreneurs: First Meta secures half-a-million from Plug and Play and NRF

First Meta secures half-a-million from Plug and Play and NRF March 29, 2012 by Terence LEE First Meta , a Singapore startup that provides a web-based exchange for users to buy, sell, and trade virtual currencies for real money across multiple games and virtual worlds, has received SG$588k (US$466k) in growth capital. The funding comes from Silicon Valley accelerator Plug and Play Tech Center and Singapore government agency National Research Foundation . The company, founded in 2007, now trades virtual currency from five virtual worlds: IMVU, Second Life, Frenzoo, Toribash, and Friends Hangout. They were also the first provider of ATMs and credit cards inside second life. With the new capital, First Meta will build their next-generation virtual goods exchange and expand support to new platforms. The company already has stable revenue. “We believe as gaming becomes more main...

Full article: http://sgentrepreneurs.com/news-stop/2012/03/29/first-met...

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First Meta Receives Half A Million in Funding f...

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Singapore, March 29, 2012 – First Meta (www.firstmeta.com ) announced today that it has secured SGD 588,000.00 in growth c...

Good job Aileen! And wish you the best.

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