gWallet Receives 12,500,000 New Financing Round

Dec 02, 2009 • Deals •
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Transaction Detail Record
Company Name gWallet
Information Release Date 12/1/2009
Transaction Type Venture Equity
Amount $12,500,000
Round Undisclosed
Proceeds Purposes gWallet will use the new funds to open offices in Europe to help bring more brands into social media. The company has 20 employees and was founded earlier this year. Besides Offerpal, rivals include Super Rewards (owned by AdKnowledge) and Gambit.
Source Venture Capital
Transaction Investors

Efren Toscano

Efren Toscano founded TechZulu in the heart of Southern California: Orange County. Focused on providing a platform to showcase all that is happening here in the tech and media space. TechZulu is rapidly growing to be the hub for Southern California technology companies news source. Efren has been chosen as one of LA Weekly's People of 2009 and selected as a Top 20 MostPublic Individuals in Los Angeles in Tech and Biz by NowPublic. He divides his time between San Diego, Orange County, Los Angeles and tech events around the US.

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