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MediaSpike Raises $5.2M To Bring More Product Placement To Mobile And Social Games

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http://techcrunch.com – MediaSpike, which runs a marketplace for in-game product placement, is announcing that it has raised $5.2 million in Series A funding. The round was led by CMEA Capital, with the participation of existing investors 500 Startups, Google Ventures, and Raptor Capital. New backers include Andreessen Horowitz, Inspovation Ventures, and angel investors such as Jonathan Abrams, Othman Laraki, Rick Marini and Naval Ravikant. MediaSpike's goal is to make it easier to run product placements in mobile and social games. Developers creating listings for standardized placements in their games and advertiser (IT news)