Swipely, an online service that offers users an easy way to make their purchases at the talks, announced it has completed its first round of funding, and a preliminary version of its service and is available by invitation. Index Ventures led the first round, with participation from Greylock Partners, First Round Capital, and a number of known angel investors.
“Our mission is to fundamentally change the way consumers buy and share by adding value at each blow,” said Angus Davis, founder and CEO of Swipely. ”Our service will transform your everyday purchases at restaurants, movies, online retailers or in conversations with friends, personal recommendations and opportunities to save money.”
Founded and supported by the veterans of Tellme, Microsoft, Netscape, eBay, PayPal and LinkedIn, Swipely provides a safe platform for consumers to recommend buying experiences, discover new places, and products through trusted friends, save money and have more fun shopping.
Enter Swipely
in Swipely; every purchase is a heavy blow. “Users start swiping following an easy and secure process for registration to import purchases credit card or debit accounts. Users can also import email shopping purchases at any online store.
Users can rate their shock and add comments or photos. Many strokes are automatically geo-located store location specific. Swipely is also compatible with the details of the product through the integration of menus, catalogs and over 250,000 retail and restaurant locations, allowing users to start talks on specific equipment, food, music, movies, accessories and millions of other products.
The discovery of a new restaurant, cinema or a pair of shoes is easy on Swipely when users follow their friends. Seeing a big hit for a new restaurant, users can click to enlarge the map and add it to your wishlist. Discovering music, movies and applications is easy, too – users can only play in select media blows to hear a preview of songs, see a video trailer or browse the screenshots app.
Swipely much emphasis on protecting consumer privacy and security, and has passed examinations and audits of the leading third party security and privacy organizations. Users have complete control over the beats get posted, and the specific amount spent remains private.
Industry Leaders through Costas and continents come together to re Swipely
Swipely Series a funding was led by Index Ventures, Greylock Partners and former first-round equity investors are also involved. Danny Rimer of Index Ventures will join the board of directors Swipely, and Reid Hoffman; Greylock Partners will serve as an observer on board Swipely. To date has raised $ 8.5 million in funding Swipely.
Swipely invest the capital to continue growing the team and explore other benefits for consumers and businesses, including new ways for users to shop, share and save, and new tools to help companies attract, understand, and reward customers.
“We believe the convergence of payments and the media is the next natural step in the evolution of the web. The notion of transactions you can use everyday as an element of the conversation makes sense, and we hope to be extremely popular, “said Danny Rimer, general partner of Index Ventures.”Angus and his team have created the most compelling solution to enable this behavior, and we are very excited to be investors in Swipely.
“We have been working with Angus from day one, when it was clear he had found a great opportunity to Swipely to change the way we shop and save on the Web,” said Josh Kopelman, managing partner of the first round of capital. ”I am excited to continue my support of Angus and his team, and to take what began as a visionary idea and turn it into a reality that we are going to reinvent the way we talk about our shopping experiences.
“Swipely succeeds. Swipely offers a great service that helps consumers benefit from card punches,” said Reid Hoffman, a partner at Greylock, and Co-Founder and Executive Chairman on LinkedIn. ”In addition, the company has a great team: Angus is a seasoned technology entrepreneur with an impressive track record and is a pleasure working with Danny and Josh.”
Other investors include Capital tiny Swipely directed by Chris Sacca, former head of special initiatives for Google, Rabois Keith, executive vice president of slides, and the former CEO of PayPal and LinkedIn, SV Angel directed by Ron Conway, Anton Commissaris, formerly senior vice president schedule of revenue and business development and now the director of Intuit, Lee Hower, venture capitalist and angel investors, Charles Moldow, a former executive of Tellme, and Michael Emil, the White House and executive previous Tellme. Davis is also a significant investor in the company.
About Swipely
Founded and supported by Internet veterans, Swipely is an online service that changes the way people shop, share and store making purchases in the talks. Swipely provides a safe platform for consumers to recommend buying experiences, discover new places and products through trusted friends, save money and have more fun shopping. Swipely is located in Providence, Rhode Island, and is looking for passionate people to join his growing team.
About Ventures Index
Index Ventures is a European company active venture capital in technology venture investing since 1996. The company is dedicated to helping top entrepreneurial teams in the Information Technology and Life Science sectors build their companies into market defining global leaders.The firm has offices in Geneva, London and Jersey and focuses on investments from seed through growth stage companies, across Europe, Israel and the U.S.. Portfolios companies are Criteo, Boku, OpenX, Telegent, simply eat and Oanda and recent exits include Skype, MySQL and Playfish. For more information.
About First Round Capital
First Round Capital is the nation’s most active seed-stage risk capital firm – and is dedicated to helping talented entrepreneurs build significant enterprises. First Round Capital typically funds pre-revenue companies – and often provides a company with capital out of first. The firm invests nationally with offices in San Francisco, Philadelphia and New York.
About Greylock Partners
Gridlock partners with employers to help them build market-leading businesses. In the past 45 years the company has worked with hundreds of companies, of which 150 have become the intellectual property offices of which 100 have become profitable M & Events A, including Ascend Communications, CheckFree, CipherTrust, Constant Contact, Continental Cable, Decru, Data Domain, DoubleClick, Farecast, Internet Security Systems, Ikanos, Legato, Media Metrix, Millennium Pharmaceuticals, Openwave, Open Market, OutlookSoft, PolyServe, Red Hat, RightNow Technologies, Success Factors, Sun Edison, Tellabs, Trilogy and Wily Technology.