PlaySpan, a marketplace and micro-transaction payment system for virtual goods in over 200 different video games, has raised $16.8 million in series B funding from existing investors Easton Capital Group, Menlo Ventures, Novel TMT Ventures, and STIC.

PlaySpan’s investors have reason to be impressed. Over $50 million worth of transactions have gone through PlaySpan this year, and the company is generating revenues in the millions of dollars.

Source: Erick Schonfeld, “PlaySpan Raises $16.8 Million For Virtual-Goods Marketplace”, TechCrunch, November 2 2008

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