FiveStars Secures $13,900,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=269b7e07-93ee-40ec-82f8-c2dec82753d7&Preview=1
Date
8/3/2012
Company Name
FiveStars
Mailing Address
2177 Leghorn St Mountain View, CA 94043
Company Description
FiveStars was created by a team of customer loyalty experts with a heart for local businesses. Like you, we loved the perks of great loyalty programs but got tired of carrying around (and losing) countless cards to all our favorite places. There had to be a better way.
Website
http://www.fivestarscard.com
Transaction Type
Venture Equity
Transaction Amount
$13,900,000
Transaction Round
Series A
Proceeds Purposes
Funding will be used to support the company’s product development and growth into new markets.
M&A Terms
Venture Investor
Lightspeed Venture Partners
Venture Investor
DCM
Venture Investor
Undisclosed