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April 29, 2013 10:53 pm GMT

Tango Card Raises Another $4.1M As Gift Cards Get More Enterprising

tango2Tango Card, the Seattle-based startup that aggregates digital gift card services from dozens of companies like Amazon, Nike, Target, iTunes, charities and more, has raised $4.125 million in a Series B round of financing led by Allegro Venture Partners. Floodgate, Swan and Legend Ventures, and existing investors Western Technology Investments and Innovation Endeavors, the early-stage fund co-founded by Google chairman Eric Schmidt, as well as a strategic investor that Tango Card cannot disclose, also participated in the round. A Form D from Tango Card filed with the SEC for $5.452 million includes both this round along with some of the money raised in Tango Card's previous venture round. To date, Tango Card has raised $6.925 million.

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