Waltham Mass. – Clovr Media, a developer of credit
card-linked offers for online advertising, announced on Tuesday that it has
received $1.5 million in seed funding, from Kepha Partners and Common Angels.

Waltham, Mass.-based Clovr’s technology allows advertisers to offer special
discounts via online ads to consumers who have agreed to allow a link to their
financial institution.

The consumer receives the discount on their credit card
statement, and the advertiser only pays when the transaction is complete.


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