Plink Raises $3M

Denver-based Plink, the developer of loyalty rewards programs linked to Facebook and gift cards, announced this morning that it has raised $3M in a Series A funding. The funding came from Grotech Ventures. According to Plink it will use the funding to accelerate development of its platform, plus to grow its sales, marketing, and technology teams. Plink, which is headed by Peter Vogel, develops a loyalty program which rewards visitors to restaurants and stores with rewards. Plink said the new round brings its total raised to more than $4M, including a $633,000 angel round in April. More information »