CardStar, a Boston-based maker of applications for accessing customer loyalty cards on mobile phones, has brought in $750,000 of a planned $1 million offering of equity- and rights-based funding, according to an SEC filing. The startup, formerly located in Canton, CT, announced in March that it had raised a $1 million Series A financing. Its applications are now available on the iPhone, Android, and Blackberry platforms.The SEC filing for the newest funding notes that the money came from 14 investors. Cardstar’s existing backers include Amplifier Venture Partners, LaunchCapital, Acta Wireless, and Verizon Ventures, according to the company’s website.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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