Raise.com Pulls In $18.1M In New Funding

By  |  December 12, 2013
 | 

Raise.com, an online gift card marketplace, has raised $18.1 million in new funding from an undisclosed investor group, TechCrunch reported on December 11.

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    The amount adds to the $4.5 million previously raised by the Chicago-based company.

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    According to TechCrunch, the site offers gift cards for more than 500 brands like Gucci and Neiman Marcus, as well as retailers such as Target, Whole Foods and Walmart.

    Earlier this month, PayPal announced that it was getting involved in the digital gift card business. Learn more about the launch of PayPal’s gift card store online by clicking here.

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.


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