GameJacket shut down

Flash game ad service GameJacket has closed after failing to secure additional VC funding, our sister site CasualGaming.biz has revealed.

Despite serving over a quarter of a billion players through its in-game ads served across a variety of titles available on a wide number of games portals, the firm has become a classic victim of the credit crunch.

The service launched last year, and quickly proved a success and was able to guarantee revenue advances to Flash games developers.

Click here for the full story on CasualGaming.