CashStar Nabs $5 Million From Intel Capital And Others For Digital Gifting Platform

CashStar, a company that makes an online platform for giving digital gift cards, has raised $5 million in new funding.

The new round included Intel Capital and existing investors Passport Ventures, FTV Capital, and CashStar co-founder and current CEO Steven Boal. CashStar says the new money will be put toward building out its platform, which lets businesses provide customers with the ability to buy gift certificates easily via email, on the web, through social networking sites, and on mobile devices.