CrunchFund was formed after TechCrunch's acquisition by AOL and in which the internet services provider made a cornerstone commitment. Arrington had first invested after Shaker won TechCrunch's Disrupt conference awa
Israel-based virtual world producer Shaker has raised $15m from a consortium including repeat investor CrunchFund, the venturing fund started by Michael Arrington, founder of news provider TechCrunch.
CrunchFund was formed after TechCrunch’s acquisition by AOL and in which the internet services provider made a cornerstone commitment. Arrington had first invested after Shaker won TechCrunch’s Disrupt conference award.
Venture capital firms Menlo Ventures, Pitango and Google chairman Eric Schmidt’s Innovation Endeavors also invested in Shaker.
