Start-up Vouchfor!(TM) closes initial round of financing
Intelliware Development Inc. is pleased to announce its participation in the initial funding of start-up Vouchfor!™, a social referral marketing platform. Intelliware, along with GC Global Capital Corp (TSXV: GDE.A) and founder John Stewart, are co-investors.
- (1888PressRelease) June 01, 2011 - Vouchfor! leverages the power of word-of-mouth referrals to drive more business to companies by rewarding both current and new customers. Vouchfor! allows a Merchant to create and execute local referral reward campaigns turning happy, loyal customers into an extended sales force.
The service is easy to use and takes advantage of the most popular social networks such as Facebook® and Twitter® to refer friends to Merchants they like, and be rewarded for that referral.
"Vouchfor! is the next evolution of monetizing social commerce," states Glen Johnson, SVP Product Ventures at Intelliware. "This early stage business fits our investment criteria and expertise very well. Vouchfor! has huge potential because it uniquely combines the power of social media to drive revenue for a wide range of businesses."
Intelliware is providing business strategy and incubation services, in addition to leading all aspects of product design and development.
"We are thrilled to have Intelliware as an invested partner in Vouchfor!," says John Stewart, Founder and CEO of Vouchfor!. "The team brings a unique mix of entrepreneurial skill, capital and practical experience in building products - a combination that is exceptionally hard to find."
Visit www.vouchfor.com to find out more about Vouchfor!.
For more information about Intelliware's Product Ventures Practice, visit www.intelliware.com.
About Intelliware Development Inc.
Intelliware is a custom software, mobile solutions and product development company headquartered in Toronto, Canada. Intelliware is a leading practitioner of Agile software development practices which ensure the delivery of timely, high quality solutions for clients. Intelliware is engaged as a technical partner by a wide range of local, national and global organizations in sectors that span Financial Services, e-Health, ICT, Retail, Manufacturing, and Government.
Intelliware Product Ventures converts concepts into marketplace success stories. This dedicated team enables emerging companies to leverage Intelliware's product management and development expertise to launch their products in the market. Product Ventures is well-suited to start-ups, early stage product companies or those that are in-market and require re-platforming for scale.
About Vouchfor!
Vouchfor!™ is a unique and powerful social referral marketing platform start-up that enables any business to harness the enormous growth potential that exists in "word-of-mouth" marketing. Merchants can reward both their loyal customers for referring new business and the new customer for making their first purchase.
About GC Global Capital Corp.
Global Capital Corp. is a merchant bank, which provides bridge loan services, to companies across many industries such as oil & gas, mining, real estate, manufacturing, retail, financial services, technology and biotechnology. For further information, please contact Jason G. Ewart at (416) 488-7760 or visit Global's website at www.gcglobalcapital.ca.
Cautionary Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Note to Editors: Intelliware, the Intelliware logo, Delivery matters, i-Proving are trademarks of Intelliware Development Inc., registered in various jurisdictions. All other trademarks are the property of their respective holders.
Media contacts:
Intelliware Development
Glen Johnson, SVP, Product Ventures
416-762-0032 ext 268
glenj ( @ ) intelliware dot com
www.intelliware.com
Vouchfor!
John Stewart, Founder and CEO
416-939-3199
john ( @ ) vouchfor dot com
www.vouchfor.com
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