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  • Start-Up Vouchfor Closes Initial Round of Financing

3rd June 2011

Start-Up Vouchfor Closes Initial Round of Financing

intelliwareIntelliware Development Inc. is pleased to announce its participation in the initial funding of start-up Vouchfor!™, a social referral marketing platform. Intelliware, along with GC Global Capital Corp and founder John Stewart, are co-investors.

Vouchfor! leverages the power of word-of-mouth referrals to drive more business to companies by rewarding both current and new customers. Vouchfor! allows a Merchant to create and execute local referral reward campaigns turning happy, loyal customers into an extended sales force.vouchfor

The service is easy to use and takes advantage of the most popular social networks such as Facebook® and Twitter® to refer friends to Merchants they like, and be rewarded for that referral.

“Vouchfor! is the next evolution of monetizing social commerce,” states Glen Johnson, SVP Product Ventures at Intelliware. “This early stage business fits our investment criteria and expertise very well. Vouchfor! has huge potential because it uniquely combines the power of social media to drive revenue for a wide range of businesses.”

Intelliware is providing business strategy and incubation services, in addition to leading all aspects of product design and development.

“We are thrilled to have Intelliware as an invested partner in Vouchfor!,” says John Stewart, Founder and CEO of Vouchfor!. “The team brings a unique mix of entrepreneurial skill, capital and practical experience in building products – a combination that is exceptionally hard to find.”

 

This entry was posted on Friday, June 3rd, 2011 at 5:46 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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