Tuesday, August 7, 2012

Consumer Gift Network FreeMonee Raises $34 Million Series B

FMN- logoFreeMonee announced a $34 million Series B round today, led by Charles Ryan, Chairman of UFG Asset Management, and returning investors Opus Capital Ventures, Redpoint Ventures, Sutter Hill Ventures and Pinnacle Ventures. While FreeMonee would not disclose terms of the funding, Chief Marketing Officer Jim Taschetta tells me the company valuation was in the ?nine figures.?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/plnvDkp4OSE/

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