Breaking: Acebucks Raises 1.5 Million


Acebucks, one of the primary virtual currencies on Facebook has just raised $1.5 million from a powerhouse team of investors. Aryeh Goldsmith, the developer of Acebucks, was acquired by Michael Lazerow to form Buddy Media. Buddy Media investors include Howard Lindzon, Peter Thiel, Mark Pincus and James Altucher.

The focus of Buddy Media is to expand the AceBucks application and make it the primary virtual currency on Facebook. Acebucks will soon launch an API which enables developers to integrate the virtual currency into their own applications.

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