Skype Co-Founder Leads $5.5M Round In Social Gifting Service Wrapp

Wrapp, a social gifting service, has raised $5.5 million in Series A funding led by Atomico, the venture capital firm formed by Skype co-founder Niklas Zennström. Zennström also joined Wrapp's board of directors. Creandum participated in the round as well. Co-founded by Rebtel and SendIt founder Hjalmar Winbladh, Spotify founding CTO Andreas Ehn and others, Wrapp lets friends give, receive and redeem digital gift cards using mobile devices, and allows friends to contribute to gifts given by mutual friends.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ZP34LoK60k8/

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