CashStar Lands $5,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95c8f7be-14f6-477f-a02a-68d457fd8cb3&Preview=1 -
Date
2/15/2011 -
Company Name
CashStar -
Mailing Address
129 Middle Street 2nd Floor Portland, ME 04101 -
Company Description
CashStar is leading the multi-channel payments evolution as the only digital gifting and incentives company for top brands. The company works with national retailers to offer highly-personalized eGift Cards delivered to consumers via email. -
Website
http://www.cashstar.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The investment, led by Passport Capital, a San Francisco-based global investment firm, will help fuel CashStar’s continued growth and digital gifting innovations. Investment bank Allen & Company LLC also participated in the round. -
M&A Terms
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Venture Investor
Passport Capital -
Venture Investor
Allen & Company
