Saturday, October 23, 2010

Mark Cuban Enters Daily Deals Space With JungleCents Investment

Gift card affiliate startup JungleCents announces today the closing of a seed round of financing in which billionaire Mark Cuban is the only investor. Along with Cuban as an advisor, the JungleCents board includes Hollywood producer Peter Safran, Guy Kawasaki and Bill Reichert from Garage Ventures.
While JungleCents would not disclose the amount of funding received, this looks like it was at most a $ 1.5 million seed round.
The concept behind JungleCents is a lead generation model similar to

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