Yesterday, e-gifting platform CashStar announced that it raised $12 million in Series C financing:
“The funding will be used to help drive continued adoption of digital gifting and grow CashStar’s retail brand network. Mandarin Oriental Hotel Group is another brand that has just partnered with CashStar to offer consumers a more personalized way to gift and incent.”
Investors included FTV Capital, Steven Boal (President & CEO of Coupons.com), and Passport Capital.
To learn more about CashStar, watch its demo from FinovateFall 2011.