21 Sep '12, 3am

around! receives S$200K follow up funding from Crystal Horse Investments: Singapore-based incubator Cr... #technews

around! receives S$200K follow up funding from Crystal Horse Investments: Singapore-based incubator Cr... #technews

Singapore-based incubator Crystal Horse Investments has just invested S$200,000 in around! through the i.Jam funding scheme together with Media Development Authority Singapore (MDA). Founded by NUS NOC alumni Xu Daxiang and Quek Shu Yang, around! is a product of Gozo labs which is incubated by NUS Enterprise. around! operates in the mobile loyalty space along with other players such as Perx , Squiryl and PointPal . As we reported last year , the idea of around! is very simple: you can launch the app to discover nearby discounts around you. You can then decide which promotion you want from the list of exclusive promotions around the vicinity. The new funding by Crystal Horse Investments is a follow up funding. Specifically, this round is the iJam Tier 2 round together with MDA. The funding amount will be S$200,000 in this tier, on top of its previous funding round of S$60,0...

Full article: http://e27.sg/2012/09/21/around-receives-s200k-follow-up-...

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