Boston – Clovr Media, a Boston-based startup offering credit
and debit card loyalty and interactive advertising technology, has raised $8.3
million in a round of venture capital led by Jeffrey Glass of Bain Capital
Clovr Media’s seed round investors Kepha Partners and Common Angels
also participated in this round.
Clovr was founded by Tom Burgess, who
previously started Third Screen Media, a wireless advertising company, in 2001.
That company was purchased by AOL/TW in 2007, reportedly providing a 10-times
return for its investors.