On verge of new platform launch, Gift Card Impressions announces funding
Gift Card Impressions, a Kansas City, Mo.-based company that makes personalization solutions for the gift card industry, on Monday announced it has secured an undisclosed amount of capital investment and formed a board of directors.
Both steps are aimed at accelerating the company's plans for growth, which include the impending launch of a new online platform.
OpenAir Equity Partners led the round, which is Gift Card Impressions' first round of outside funding. A Kansas City-based private equity and venture capital firm, OpenAir focuses on the wireless, communications and mobile internet sectors. Previous investments by the firm include Zave Networks, eRecyling Corps and Gogo.
All members of the board of directors participated in the capital raise. Those board members are:
- Scott Ford and Lance LeMay, partners with OpenAir Equity Partners
- Bart Glass, CEO of BHG Ventures (vice chairman)
- Tom Grant, president and CEO of SelectQuoteSenior.com
- Alan Lowden, VP of Perceptive Software
- John Novak, former president of Heartland Bank and Ash Grove Materials Corp.
“We were fortunate to be able to hand-pick a select group of individuals with targeted expertise in areas of interest to the company,” Brett Glass (left), the president and CEO of Gift Card Impressions, said in a press release.
Founded in 2007, Gift Card Impressions today employs about 25 people, most of whom are based in the company's Kansas City offices. The Gift Card Impressions team will put the new funds to use both expanding the company's existing business, which centers around gift card packaging, and launching a new platform that will allow people to customize gift cards using audio, video, photos and other media.
Credits: Photo of Glass from linkedin.com