RR Donnelley, a US-based print company, has reportedly backed Real Value Corporation, the maker of the iPad shopping app, CoffeeTable, with a $2.5m investment.
RR Donnelley invested the series A funds as a first tranche of a larger investment, which also includes an exclusive market relationship, according to news provider TechCrunch. CoffeeTable provides iPad users with direct access to retailers’ shopping catalogues.
Ben Choi, a venture partner at Maveron, is chief executive of CoffeeTable.