Offerpal Riding the Momentum

As you know, our industry has undergone dramatic change since Offerpal first launched in October of 2007. As the opportunities for social apps, social networks, online games, virtual worlds and other social publishers grow, some who had previously struggled to generate any revenue at all are now earning tens or hundreds of thousands – and [...]

Offerpal Receives $15 Million in Funding

Some very big news from us today — we’ve just announced $15 million in funding, which we’ll use to further develop our monetization platform, and create more tools and services to help our social Web publishers convert virtual currency into real dollars.
The new round is led by D. E. Shaw Ventures, along with participating investors [...]

Offerpal Media Helps Spread Love this Valentine’s Day with Virtual Gifting

With the economy in the doldrums and Valentine’s Day right around the corner, this year millions of cash-strapped lovebirds are expected to take advantage of cheerful and inexpensive Valentine’s gifts on social networks.
The popularity of virtual gift-giving on Websites such as Facebook, MySpace, hi5 and Bebo continues to grow as more users send or receive [...]

MySpace devJam: “Virtual Currency, Real Dollars”

We’d like to thank our friends at MySpace for allowing us to co-host a devJam for their application developers this past week, when more than 200 developers descended on MySpace’s San Francisco offices for an afternoon of workshops, panels, critiques and updates on the MySpace platform.
We kicked off the afternoon with Anu Shukla running the [...]