Thursday, November 3, 2011

Facebook's Saverin Boosts Mobile Barcode Scanning Firm

Eduardo Saverin, the co-founder of Facebook, is the lead investor in a developer of mobile barcode scanning and price comparison software, ShopSavvy, the firm said today. ShopSavvy said it raised $7M from Saverin, which also included Brad Martin (Saks Fifth Avenue), and James Bailey. ShopSavvy is based in Dallas, Texas. ShopSavvy's apps for iPhone and Android allow users to scan barcodes and get instant price comparisons and coupons. More information »