R.I. – Swipely, the provider of a
social media service for consumers, has raised $7.5 million in its first round
of venture capital financing, led by Index Ventures.
Providence, R.I.-based Swipely
provides a platform for consumers to "recommend purchase experiences,
discover new places and products through trusted friends, save money, and have
more fun shopping," according to the company.
To date, Swipely has raised
$8.5 million in funding. Other investors in the company include Greylock
Partners and First Round Capital.