GroupGifting.com Closes Initial Angel Financing

GroupGifting.com, a Melville, NY-based developer of a social gifting service, closed its initial angel financing round of undisclosed amount.

The round was led by Bob Brill, a Director of the Long Island Angel Network (LIAN) and a member of the Board of GroupGifting.com, with participation from Barry Rubenstein from Wheatley Partners, Steve Winick from Topspin Partners, David Calone from Jove Equity Partners, and other tech and tech investors from Long Island. Andrew Hazen from AngelDough  was an early backer.

Co-founded in 2011 by Tyler Roye, CEO, Eric Manno, COO, Mark Manno CFO, and David Levinsky, CTO, GroupGifting.com provides eGifter, which enables consumers to purchase eGift cards from over 100 major brands, give them to their Facebook friends, inviting others to contribute, making it a group gift.
The service is available on Apple iOS, Android and the web.
eGifter currently partners with more than 200 brands.
The company is hiring (read here).

FinSMEs

11/02/2013

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