For PlaySpan, Funding is Child's Play

Four years ago, sixth grader Arjun Mehta convinced his father they should start a platform for trading goods obtained in online games like Everquest, FarmVille and Mob Wars. Since then, PlaySpan has closed $42 million in funding, and announced today that it’s closed an $18 million round from strategic investors. CEO Karl Mehta — Arjun’s dad — is looking to grow the company across new platforms like mobile. Arjun is occasionally still available to share ideas, but focuses mostly on his career as a high school freshman these days.