ZenDeals snags USD1m to verify coupons online

ZenDeals has raised USD1M

Coupon verifying service ZenDeals has raised USD1m from Innovation Endeavors, as well as unnamed Zynga and Facebook execs reports StrategyEye. ZenDeals offers service that helps users redeem coupons by searching through an online database of codes to verify them instantaneously.

The firm has already partnered with the likes of Amazon, Macy’s, Gap, Target and Victoria’s Secret.  The funding will go towards expanding its engineering and product teams. ZenDeals is based in California and was founded in 2011.

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