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Drop Closes $44 Million Series B Funding to Drive Continued Investment in Personalized Rewards

Latest Round Led by HOF Capital, Includes Royal Bank of Canada as a New Investor Drop — the personalized mobile rewards platform designed to help shoppers earn more on everyday purchases — announced a $44 million USD Series B investment to further its mission of rewarding consumers by delivering relevant deals right to their smartphones. This round, led by HOF Capital, also includes returning investors New Enterprise Associates (NEA), Sierra Ventures and White Star Capital. Additionally, Royal Bank of Canada is joining as a…

DROP Raised $100,000 from SkyDeck to Make Professional Networking Easier

A UC Berkeley backed startup, DROP has secured accelerator investments of $100,000. The solution simplifies device proximity pairing allowing event participants to instantly connect and exchange professional profiles. US-patented technology uses comparative analysis of ambient noise for device matching. This innovation lets companies and individuals to cut down on paper waste and reinvent the processes of event networking. "We realized that Generation Z and Millennials heavily depend on mobile technology. Digital natives…