Techcrunch reports New York Chicago-based social-organising site The Point closed a $4.8 million Series A financing from New Enterprise Associates. The Point allows users to organise and raise money for campaigns of almost any stripe, whether it’s in support of a political candidate or to boycott a corporation. Tagline: “make something happen.”
The company expects to make money by targeting users with advertising based on their interests/activism. The company raised $2.5 million from angel investors last year.
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