AAA Allen finds the joy of giving

Allen finds the joy of giving

US-based online gifts and incentives company CashStar has raised $5m for its series B round from venture capital firm Passport Capital and media-focused investment bank Allen.

CashStar launched with $4m in March 2009 after incubation by Coupons, a US-based provider of consumer-printed coupons.

More than 90 brands across several sectors, including Chili’s Bar and Grill, The Container Store, Gap, The Home Depot, Pizza Hut, Staples and Williams-Sonoma, use CashStar’s service.

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