TreatFeed Raises $5.4M in Venture Capital Funding
Summary
TreatFeed, a Los Angeles, CA-based multi-level marketing (MLM) driven shopping application, has raised $5.4m in a venture capital funding round led by Norwest Venture Partners.In conjunction with the funding, NVP General Partner Josh Goldman and Partner Tim Chang have joined TreatFeed’s board of directors.The company intends to use the funds to continue to develop its platform – TreatFeed’s Social Tree™ – for consumers and retailers.Led by CEO Brett Markinson, TreatFeed is creating a community of consumers who earn rewards for the conversations they are having about commerce and for the ongoing transactions of the people in their network.FinSMEs 19/04/2011 [youtube http://www.youtube.com/watch?v=8n_48Lzbi4I]
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