PunchTab Picks Up $850,000
PunchTab, which operates an online service to help businesses and websites to create their own, loyalty and rewards programs, has scored $850,000 in a seed funding round. The round included Mohr Davidow Ventures, Embarcadero Ventures, and angel investors Venky Harinarayan, Anand Rajaraman, and Nick Sturiale. PunchTab was founded by Ranjith Kumaran, the co-founder of YouSendIt.com, and Mehdi AitOufkir, also previously at YouSendIt.com.
posted on Wednesday, June 1, 2011 (Link to more information)
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