FreeMonee Snags $34M to Grow Consumer Gift Incentives
August 8, 2012- Share:
FreeMonee Network, a service that puts cash gifts directly on consumer debit and credit cards, has sealed a $34 million round led by UFG Asset Management chairman Charles Ryan. Existing investors Opus Capital, Redpoint Ventures, Sutter Hill Ventures and Pinnacle Ventures also participated. FreeMonee has now raised a total of $45 million in venture funding, including the latest financing and an $11 million Series A round secured in May 2011.
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