Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=36d635a2-0067-44c4-aa6d-230bffeb6518&Preview=1
Date 8/19/2010
Company Name SaveWave
Mailing Address 74 Hillcrest Rd. Belmont, MA 02478
Company Description SaveWave is building a platform to enable consumer packaged goods brands and retailers to promote their products and services to all consumers through fully digital promotion, distribution, and rewards fulfillment. In addition to providing Upromise Grocery, a program through which over 12 million members can earn college savings rewards by purchasing participating products in over 22,000 supermarkets and drug stores nationwide, SaveWave is expanding its distribution reach through customized offer syndication with retailers, affinity rewards programs, and media channels.
Proceeds Purposes SaveWave plans to launch its white label platform for select partners in the coming months. It will also feature mobile applications for consumers to activate coupons from their smart phones, increasing the flexibility of the system and reaching consumers at the grocery store looking for deals.