Gift Web site Flooz.com said it has raised $27 million in second-round financing from investors including NBC, NextCard and Oak Investment Partners. New York-based Flooz.com is the maker of "Flooz currency," which can be used to buy a range of products online. The company is pitching its currency as an alternative to credit cards, which are currently the Net's most used form of payment.
Short Take: Flooz.com raises $27 million
Gift Web site Flooz.com said it has raised $27 million in second-round financing from investors including NBC, NextCard and Oak Investment Partners. New York-based Flooz.com is the maker of "Flooz currency," which can be used to buy a range of products online. The company is pitching its currency as an alternative to credit cards, which are currently the Net's most used form of payment.
Greg Sandoval
Former Staff writer
Greg Sandoval covers media and digital entertainment for CNET News. Based in New York, Sandoval is a former reporter for The Washington Post and the Los Angeles Times. E-mail Greg, or follow him on Twitter at @sandoCNET.