Influenster, a product discovery and reviews platform, has raised $8 million in funding from online cash back platform Ebates. This round of financing will help Influenster scale its growth strategies toward becoming an all-encompassing product discovery platform.
As part of the funding, Ebate’s VP of Strategic Alliances Ken Hirschman will join the Influenster Board of Directors.
Influenster currently has a community of more than 1.7 million members and it acquires more than 500,000 new user-generated reviews monthly.
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“With this round of financing, we are now able to laser-focus our mission to enhance our product discovery platform, where social shoppers come to engage in discovery, conversations, reviews, and offers while giving brands the opportunity to enter the conversation, populate the digital sphere with meaningful user-generated content and become household names,” said Aydin Acar, CEO and Co-Founder of Influenster.