By  on June 17, 2014

U.S. retail shopping app Ibotta has secured $20 million in Series B fund-raising, led by technology entrepreneur Jim Clark, the founder of Silicon Graphics and Netscape.


Ibotta will use the funding to further build its mobile loyalty and brand building platform in the grocery and consumer packaged goods space, as well as expand its brand and retail partnership base. Ibotta has partnerships with retailers such as Aéropostale, Target and Wal-Mart, and online retail sites such as jcpenney.com, nordstrom.com, forever21.com, kohls.com, Birchbox.com, sephora.com and lordandtaylor.com.

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