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Linkable Networks Rakes in $11.7 Million


Card-linked offers company, Linkable Networks, welcomed some extra cash today. The Boston-based company pulled in $11.7 million in Series E funding from existing investors BlueChip Ventures, CommonAngels, and Kepha Partners.

Since its first seed round of $1.5 million in 2010, Linkable Networks has brought in a total of $40.4 million to date.


The company is also welcoming three new executives to its leadership team:

    • Mike DiFranza joins Linkable as its president. DiFranza is the founder and former president and CEO of Captivate Networks.
    • John Caron joins as CMO
    • Jeff Jensen joins as executive vice president and general manager of Linkable’s new affiliate network for retailers, Omnyverse.

Tom Burgess founded Linkable Networks in 2010 under the name Clovr Media. The startup changed its name to Linkable Networks in 2011.

Linkable Networks demonstrated its MasterCard solution at FinovateFall 2012.