Tuesday, February 12, 2008

Cellfire that allows consumers to easily access deals from brand-name merchants nationwide through their mobile phone raised $12 million in funding

What Company Is Offering:
Cellfire gives amazing offers from food and entertainment to retail shopping and more. With Cellfire, you are only a few key taps away from convenient savings on the stuff you want to buy.Cellfire is the first nationwide mobile coupon and discount offer service that allows consumers to easily access deals from brand-name merchants nationwide through their mobile phone.

How It Works:
With Cellfire's mobile technology, you already have the coupons and discount offers right on your phone.
* No need to clip paper coupons and bring it with you when you shop.
* You don't have to check email or surf the Web looking for hot deals.
* Quickly and easily navigate through coupons and discount offers by menus — without sifting through your text messages!.

How Much They Got From VCs:
Cellfire Inc. secured its third round of funding, raising $12 million from a new investor, Silver Creek Ventures, and existing investors, including Menlo Ventures, and Storm Ventures. Proceeds will be used to expand the company's sales and marketing efforts, along with increasing product functionality, business development and partnership activities.

http://www.cellfire.com/

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