By turning tweets into transactions, startup Chirpify has secured an important transaction of its own.
The young, Portland-based company has raised $1.3 million from social media executives and angels in its first formal round of funding. Voyager Capital, angel investor Geoff Entress, BuddyTV CEO Andy Liu, former Facebook executive Rudy Gadre, HootSuite CEO Ryan Holmes, and TiE Oregon Angels all participated in the round.
Chirpify is a payment system that integrates with PayPal to allow individuals and businesses to transact on Twitter. The company, which debuted last year as Sell Simply before relaunching in February, counts Hewlett Packard, Nestle, and PowerBar as clients, and claims to be profitable.
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