Yiftee Raises $850K For Local Business-Focused Gifting Service

Yiftee, a gifting service that aims to drive business to local merchants, has raised $850,000 in seed funding from Scott Cook, Mohr Davidow Ventures, and other angel investors. Similar to other gifting apps, Yiftee allows you to give gifts to friends via a mobile app. However, all gifts on the platform are from local businesses. For example, you could gift your friend a glass of wine, manicure or lunch at a local merchant.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/YkkWQk1PmqU/

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