LoyalBlocks Receives $9 Mln in Series A Funding
LoyalBlocks said on Thursday that it has received $9 million in Series A funding. The lead investor was General Catalyst Partners. Founder Collective and existing investor Gemini Israel Ventures also participated in the round. According to LoyalBlocks, the funding will be used to expand the company's loyalty marketing platform and for scaling the U.S. operations. General Catalyst Managing Director Adam Valkin will join the company’s board of directors along with Yossi Sela, managing partner at Gemini, and Allon Bloch, CEO at mySupermarket. LoyalBlocks, a provider of loyalty marketing solutions for small businesses, is headquartered in New York City with its research and development team based in Israel.
23 May 2013•3 mins read
