The financial terms aren’t being disclosed, but LaunchRock co-founder and CEO Jameson Detweiler tells me that the Giftiki service will be shut down. Judging from the tongue-in-cheek press release, this sounds like a classic acqui-hire, with… → Read More
Friendfund, the group payments startup that lets friends club together to make a purchase, has announced an undisclosed round of funding from a group on Angel investors described as, well, friends (I’m not making this up). The investment was led by Bjoern von Siemens in partnership with Linden VC.
However, cheesy PR aside, Friendfund is operating in an increasingly crowded and hot space right… → Read More