Friday, March 19, 2010

Plastic Jungle Raises $7.4M

Mountain View-based Plastic Jungle, an online site which allows users to barter gift cards, said this morning that it has raised $7.4M in a Series B funding. The round was led by Redpoint Ventures, and also included prior investors Shasta Ventures, First Round Capital, and Bay Partners. According to Plastic Jungle, Allen Beasley of Redpoint Ventures joins the company's board of directors. The round brings the company's total raised to $13.4M. More information »