Thursday, October 7, 2010

Giftango Gets $5M

Portland-based Giftango, which operates an online virtual gift card business, said this morning that it has raised $5M in a Series B funding round. The firm said the new funding came from Taylor Corporation, and also included participation of its Series A investors. Giftango provides a platform for companies firms to issue virtual gift cards, and also offers up mobile SDKs and related products. The firm is headed by David Nelson. Giftango said the new funding will go towards growth and expansion. Giftango has previously gained funding from the Oregon Angel Fund. More information »