500friends Grabs $5 Million In Series B Funding

By  |  March 12, 2013
 | 

Y Combinator-supported startup 500friends has raised $5 million in Series B funding, bringing its total backing to $12 million, according to TechCrunch. 500friends lets stores interact with customers through rewards, widgets and user-generated content via their LoyaltyPlus platform.

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    Intel Capital, an existing investor, led the round, while newcomer Fung Capital contributed as well.

    Read the full story here.


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