Clovr Snaps Up $8.3M

3/10/11

Clovr Media, a Boston-based digital and mobile marketing startup, announced today that it has brought in $8.3 million in a funding round led by Bain Capital Ventures managing director Jeffrey Glass. The round also included Clovr seed investors Kepha Partners and Common Angels, and newly announced angel investor Mark Wright. Clovr, which launched last October, enables merchants to offer discounts to consumers through clicking Web banner ads, text links, and mobile advertisements that have been linked to their registered credit or debit cards.

Erin Kutz is an Associate Editor for Xconomy. You can reach her by e-mail at ekutz@xconomy.com or by phone at (617) 252-0700. Follow @

    

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