Gyft Raises $5M Series A Round

GyftGyft, a digital platform that enables customers to buy, send, manage and redeem gift cards via mobile devices, has raised $5 million from A-Grade Investments,Social+Capital Partnership, Karlin Ventures, Haas Portman and entrepreneur David O. Sacks.

Gyft had raised an initial seed round from Google Ventures, Founder Collective and 500 Startups, last year.

[Image courtesy: Gyft]

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