Both founders of Yiftee are seasoned executives at tech companies.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
Menlo Park-based startup Yiftee is a local gifting service, raising $850k in seed funding from Scott Cook, Mohr Davidow Ventures and angel investors. So how does Yiftee work? Purchase a gift for a friend online at the local-minded Yiftee, like you would a Facebook gift for a birthday or occasion. The recipient is notified electronically (email, SMS or Facebook) and picks up the gift from the local business.