Pan-European venture capital firm Wellington Partners and Munich-based investor Grey Corp, have invested in Berlin-based social commerce provider Bonusbox for an undisclosed amount.
Bonusbox was founded in the spring of 2011, and has since built the largest shopping rewards and loyalty network on Facebook for the German market.
More than 100 online vendors are using the Bonusbox program on Facebook. The new round of funding will allow the company to continue its growth – internationally, from its offices in Berlin and Sao Paulo.
Bonusbox CEO Paul Gebhardt says the company’s looking to “tap into the full virtual potential of this social network’s more than one billion members.”