MainXchange.com Raises $6 Million

Share this content:
MainXchange.com, a Web site for teen-agers with a virtual stock market game, chat rooms and auctions, has acquired $6 million in a round of private placement funding.


Funding came from Jerusalem Global Ltd., Israel Infinity Fund, Veritas Venture Capital Management Ltd. and Bob Lessin, chairman of WIT Capital.


Money will be spent on the research and development of new content applications such as TeenSpeak, The Voice of Generation Y. The MainXchange game is part of the school curriculum, where pupils and teachers use the site and stockmarket simulation to teach children about the value of managing money.
close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here