The round comes from venture capital firms like Maverick Ventures, Founders Fund (Founders Fund’s Peter Thiel joined the board last year), 8 VC, Bain Capital Ventures, First Round Capital and SV Angel — plus two celebrity investors, NBA star Kevin Durant and actor/VC Ashton Kutcher.
Founder and CEO Jack Abraham (pictured above with Durant and Kutcher) previously sold his local shopping startup Milo to eBay for $75 million. He said that Zenreach, like Milo, is “bringing the online and offline world together.”
Specifically, businesses that use Zenreach can offer their customers free Wi-Fi. All the customer needs to do is register using their email address, phone number or Facebook account.
Zenreach then uses that information to create a customer database for the business, which in turn allows them to deliver targeted promotions — businesses could create different messages…