Wednesday, July 15, 2015

Perk.com Raises $20.2M, Lists On TSX

Austin-based mobile rewards app developer Perk.com has raised $20.2M in a private placement, and debuted on the Toronto Stock Exchange, the company said this morning. Perk.com, which was founded in Austin in 2009, offers up rewards--"Perk Points"--to users, if they engage in watching videos, playing social games, and interacting with advertisers. Those rewards can be converted into gift cards and cash. The company said it had revenues of $17.1M for the year ended December 31, 2014. The company now trades on the TSX as PER.