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 WiFi. 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…