Shopkick Lands $15,000,000 Series B Round

  • Feed Type
  • Date
    7/15/2010
  • Company Name
    Shopkick
  • Mailing Address
    Undisclosed Palo Alto, CA 94301
  • Company Description
    shopkick is a new Palo Alto-based startup funded by Kleiner Perkins’s iFund, Greylock Partners and Reid Hoffman, founder of LinkedIn, and investor in Facebook and Zynga. shopkick, Inc. brings the power of the mobile internet to the retail experience. shopkick launched its mobile application CauseWorld in the United States in December 2009, in partnership with Citi, Kraft Foods and Procter & Gamble.
  • Website
    http://www.shopkick.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    shopkick will use the funding to further enhance its location-based shopping capabilities and accelerate partnership development – just in time for the release of its prime mobile retail app, shopkick, due for release this summer.
  • M&A Terms
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Individual Investor