CashStar Raises $5 Million To Send You Gift Cards On Facebook

Digital gifting platform CashStar has raised $5 million today in a Series B round lead by Passport Capital and Allen and Company. In the same space as BlackHawk, First Data, Gift Tango and Swag, CashStar offers SaaS and white-label solutions for big brands who want to implement digital gifting systems. With "ten times" as many customers as anybody else and partnerships with hundreds of retail brands including Starbucks, Coach, Williams Sonoma, Staples, Cheesecake Factory and The Gap, CashStar helps partners sell tens of millions in giftcards annually. It also offers an extensive range of gift card deployment options, including eGift cards, via Facebook and through your mobile phone.

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