January 18th, 2012

Citi Backs Gift Card Exchange Plastic Jungle

plastic

Plastic Jungle, which operates an online gift card marketplace, has received a strategic investment from Citi Ventures, Citigroup’s investment arm. The size of the capital injection was not disclosed. The startup has previously raised over $23 million in financing from Jafco Ventures, Shasta Ventures, Redpoint Ventures and First Round Capital, among others. → Read More

September 22nd, 2011

Citigroup Joins Andreessen Horowitz In Backing Fraud Analytics Firm Silver Tail Systems

silvertail

Silver Tail Systems, a provider of predictive analytics for detection and prevention of online fraud, this morning announced that it has secured an additional round of funding from Citi Ventures, a unit of Citigroup.

This investment, the size of which was not disclosed, is part of a previously announced $20 million Series B funding round led by Andreessen Horowitz (closed in June). → Read More

June 14th, 2011

While Helping Others Erase $42 Million In Debt, ReadyForZero Raises $4.5 Million

Most charts I get sent are up and to the right. Not this one.

The chart ReadyForZero sent me (above) goes down and to the right. This is meant to showcase just how much debt the service is helping users eliminate. They’re the blue lines on the bottom. It’s like golf, the lower the better.

All told, ReadyForZero is already helping their users eliminate some $42 million in credit card debt since… → Read More