Skip to content
Advertisements

Pay By Twitter’s Chirpify Raises $1.3M

April 24, 2012

 

Portland, OR-based Chirpify has raised $1.3M in Series A from Voyager Capital, with Geoff Entress, BuddyTV CEO Andy Liu, former Facebook’er Rudy Gadre, Hootsuite CEO Ryan Holmes, and TiE Oregon Angels.

Chirpify essentially connects PayPal to tweets. If a customer has registered their Twitter and PayPal accounts with Chirpify, it charges the account and provides an electronic receipt. Chirpify takes a few percentage points of each transaction.

The company has developed some traction at SXSW with its Tweet a Beer app. With the funding announcement, Chirpify says its launching a payment platform for digital content, where musicians can sell songs and concert tickets on Twitter.

CEO Chris Teso formerly worked on the agency side at TheGood in Portland.

One challenge with the model here is that Twitter could do this themselves. They have a track record of doing that. That may be the reason why there are not more companies doing this.

 

 

 

 

 

 

View – site

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: