FreeMonee Obtains $11,000,000 Series A Financing Round

  • Feed Type
  • Date
    5/11/2011
  • Company Name
    FreeMonee
  • Mailing Address
    Undisclosed San Mateo, CA 94403
  • Company Description
    FreeMonee brings together customers of financial institutions with thousands of stores and restaurants to create the world’s first gift network. The network allows people to discover new stores and restaurants, for free—no strings attached.
  • Website
    http://www.freemonee.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the funding to launch what it calls the first national gift network.
  • M&A Terms
  • Venture Investor
    Opus Capital
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Sutter Hill Ventures
  • Venture Investor
    Pinnacle Ventures
  • Venture Investor
    Undisclosed