McLean, Va. – CardStar, a developer of mobile apps focused on loyalty cards and mobile coupons, has raised $1 million in new funding, led by Amplifier Ventures.
Acta Wireless and LaunchCapital also participated in the investment round.
Connecticut-based CardStar was launched with seed funding from Amplifier Ventures’ Business Accelerator Program last year.
The company currently offers an iPhone application that aggregates a user’s various loyalty rewards points in a single location, and plans to use the new funds to expand to the Android and BlackBerry platforms.
http://news.yahoo.com/s/prweb/20100328/bs_prweb/prweb3797364_1
Wow. Talk about not doing any due diligence on the part of Verizon. This free app uses unlicensed logos from the retailers. Now that the company has some money, I am sure some IP attorneys are going to be calling on them.