GiveGab, a social network powered by iYouVo, has closed a $1.2 million round of Series A funding which was led by Cayuga Venture Fund and included investments from Great Oaks Venture Capital and Rand Capital. The Ithaca, NY-based company helps nonprofit organizations, colleges, universities and businesses promote their programs and events, recruit volunteers, track hours and report on the good they’re doing in local communities. GiveGab will use the funding to expand the website’s capabilities and business development efforts.
