Tech Company Financing Transactions

SavingStar Funding Round

SavingStar, based in Waltham, received $2.3 million in investment from First Round Capital, Flybridge Capital Partners and IA Ventures.

Transaction Overview

Company Name
Announced On
8/19/2010
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Series A
Investors

First Round Capital (Lead Investor) (Josh Kopelman)

Flybridge Capital Partners (Lead Investor) (Jeffrey Bussgang)

IA Ventures

private investors (Ron Conway)

Proceeds Purpose
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.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
400 Totten Pond Rd. 300
Waltham, MA 02451
USA
Email Address
Overview
SavingStar enables consumer packaged goods brands and retailers to promote their products and services to all consumers through fully digital promotion, distribution, and rewards fulfillment.
Profile
SavingStar LinkedIn Company Profile
Social Media
SavingStar Company Twitter Account
Company News
SavingStar News
Facebook
SavingStar on Facebook
YouTube
SavingStar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Rochon
  David Rochon LinkedIn Profile  David Rochon Twitter Account  David Rochon News  David Rochon on Facebook
President
Michael Libenson
  Michael Libenson LinkedIn Profile  Michael Libenson Twitter Account  Michael Libenson News  Michael Libenson on Facebook
VP - Product Management
Neal Karasic
  Neal Karasic LinkedIn Profile  Neal Karasic Twitter Account  Neal Karasic News  Neal Karasic on Facebook
VP - Sales
Tom Murray
  Tom Murray LinkedIn Profile  Tom Murray Twitter Account  Tom Murray News  Tom Murray on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/18/2010: Velocent Systems venture capital transaction
Next: 8/19/2010: Aeolus Pharmaceuticals venture capital transaction

 

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About Our VC Transactions Data

We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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