SCVNGR , the platform that lets you build location-based games compatible with any mobile phone, is on a roll. The company has just raised $4 million from Google Ventures, with participation from existing investor Highland Capital. Google Ventures’ Rich Miner will be taking a board seat. The news comes just over a week after we learned that SCVNGR is cash flow positive, with over $1 million in revenue in its first full year in business. While mobile location based games like Foursquare and Gowalla are getting a lot of attention right now, SCVNGR has quietly managed to establish a very nice niche market for itself.
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SCVNGR Raises $4 Million From Google Ventures
