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PlaySpan a company founded by Arjun Mehta, a 6th grader, passionate about gaming and software programming has received $6.5 million in its first round of funding between Easton Capital, Menlo Ventures, STIC and Novel TMT Ventures. According to the website they've signed up seven MMOG publishers, and will attempt to be the only "official" commerce providers for them.
Source : Digg
Link to the story : *metaversed.com/19-sep-2007/playspan-gets-6-5-million-funding-its-games-commerce-network