May 3rd, 2011

Angels club together to invest in Friendfund

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

January 20th, 2011

The Gifts Project Unwraps – eBay & Index Ventures Inside

Last month we wrote about The Gifts Project’s closing of a $1 million funding round. Today the company is finally able to lift the veil on a major accomplishment … turn out it is its gifting platform powering eBay Group Gifts.

The upstart also managed to have Index Ventures join the round, with Saul Klein actively advising. The actual amount is undisclosed. → Read More

December 23rd, 2010

The Gifts Project Ties A Bow On A $1 Million Round For Social Group Gifting

In recent months there’s been growing buzz here in Israel around a small startup called The Gifts Project. Today, the startup is announcing a $1 million financing round led by Gemini Israel Funds. This follows a seed investment back in 2009 by Dr. Yossi Vardi.

With The Gifts Project, online retailers will be able to offer groups of people the ability to chip-in and buy a gift together for a… → Read More