Mobile rewards network Kiip has secured financing from Japanese Internet business Digital Garage. The strategic investor joins the company’s most recent $11 million round of Series B funding. The company is backed by Relay Ventures, Hummer Winblad, True Ventures, Verizon Ventures, Crosslink Capital and others.
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Earlier this week, Nihal Mehta (pictured) announced he launched LocalResponse, a New York-based developer of a Web-based tool that allows local businesses to respond to check-in posts on social media sites with tailored marketing campaigns. Mehta co-founded the company, previously known as Buzzd, as a social city guide for location-based services. The company had raised about [...]