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SnipSnap clipping away: 123,000 downloads and $555,000 seed round

Gigaom reports on Philadelphia-based Snip-Snap's continued rise, including a recent seed round of $550,000.
 
The app, which launched last month, allows people to scan coupons they find in a mailer or newspaper. It reformats the information in the app and makes it easy for people to present the barcode at the point of sale for redemption. Users can get set alerts to warn them before a coupon is about to expire or remind them when they enter a store where they’ve saved a coupon. The app also offers the ability to share coupons online through Facebook, Twitter and email.
 
Original source: Gigaom
Read the full story here.
 
 
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