$1M for CardStar Loyalty App

Wade Roush3/30/10

Canton, CT-based CardStar, which makes an application that consolidates consumer reward and loyalty card numbers on mobile phones, announced March 28 that it has raised $1 million in Series A venture funding. The lead funder was Mclean, VA-based Amplifier Ventures, with participation by Acta Wireless and LaunchCapital. CardStar received seed funding from Amplifier Ventures in 2009 as part of its business accelerator program; its app is available now for the Apple iPhone, and the company says versions for Android and BlackBerry devices are “coming soon.”

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @