Friday, August 1, 2008

I Love Rewards develops innovative web-based reward solutions for small and medium-sized businesses

What Company Is Offering:
I Love Rewards develops innovative web-based reward solutions for small and medium-sized businesses and Fortune 1000 companies including Bell Sympatico, Sage Software and Rogers Communications. I Love Rewards is one of Canada's Top 100 Employers for 2007 and 2008 and ranked #12 on the PROFIT 100 list of Canada's Fastest-Growing Companies of 2007.

How Much They Got From VCs:

I Love Rewards Inc., a North American web-based corporate rewards and recognition firm, today announced that it has completed a $4.7 million Series A financing round led by JLA Ventures with participation from Laurence Capital, senior management and other angel investors.

In November of 2007, I Love Rewards secured financing to fund the development of I Love Rewards Express, a software as a service rewards platform that allows clients to build custom web-based incentive programs in minutes.

Funds from today's additional $1.5 million will go towards financing the next stage of I Love Rewards' aggressive expansion strategy, the launch of its American brand ReThink Rewards.

More at:www.iloverewards.com

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