SocialVibe raises $8M to turn online profiles into charity money makers
SocialVibe is a Los Angeles-based company that lets social network users raise money for their favorite causes by posting badges that advertise certain brands to their online profiles. It just brought in $8 million in second-round funding to forge more partnerships with advertisers and nonprofits and to continue developing its product.
The concept is pretty simple. Users who register on the site first choose from a list of charitable organizations ranging from PETA to Stand Up… Continue Reading