Giftango Corporation, a Portland, Ore.-based digital gifting solutions provider, was acquired by InComm, a prepaid product and transaction services company.
The transaction, whose amount was not disclosed, is designed to expands InComm’s reach into ecommerce gift card sales and distribution through high volume channels. Giftango will become a wholly owned subsidiary of InComm and will continue to grow its operations in Portland.
Founded in 2005 and led by CEO David Nelsen, the company provides merchants with a platform to power ecommerce sales, promotions, and distribution through Channel Partners. Giftango’s Channel Partner solutions give business-to-business and direct-to-consumer companies the ability to add eGift Card fulfillment to their existing user interface for a wide variety of national brands. Today, more than 150 brands deliver digital gift cards through the company’s network of more than 80 partners.
FinSMEs
30/01/2013
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07/10/2010: Giftango Closes over $5M in Series B Financing