VC-backed Punchbowl nets funding from Party City

Framingham, Massachusetts-based Punchbowl, a tech platform for online invitations and digital greeting cards, has raised an undisclosed amount of funding from party goods company Party City. In addition to the funding, Ryan Vero, an executive vice president of Party City Holdco Inc and president of Party City retail group, has joined Punchbowl’s board of directors. Punchbowl is also backed by Intel Capital, Contour Venture Partners and Launchpad Venture Group.

Source: Press Release

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