This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GiveGab Funding Reaches $1.5 Million

ITHACA, N.Y., March 27, 2013 /PRNewswire/ -- GiveGab, the social network for volunteers, announces it has closed on $1.5 million of Series A funding. The Ithaca-based volunteer management software provider will use the funding to expand the website's capabilities and business development efforts, including the launch of premium offerings and enhanced volunteer management reporting. The financing was led by Cayuga Venture Fund of Ithaca, NY (, and also included New York City-based Great Oaks Venture Capital (, Rand Capital SBIC of Buffalo, NY ( and Excell Partners of Rochester, NY ( 

Charlie Mulligan, co-founder and CEO of GiveGab states, "Volunteering makes people happy. We are excited that Cayuga Venture Fund, Great Oaks Venture Capital, Rand Capital and Excell Partners have decided to work with us and provide the resources and connections we need to accomplish our mission: More, happy volunteers."

Volunteering enriches people's lives as well as the communities in which they live. GiveGab identified that matching volunteers with opportunities, and then administratively tracking their volunteer hours was very difficult. The software was developed to make the process of volunteering fun and easy, while helping to make the lives of volunteer managers easier. GiveGab is utilized by schools, nonprofits, and businesses that encourage people to volunteer in their communities.

"GiveGab has finally figured out how to meet the volunteer tracking, recruitment and profiling needs of both volunteer managers and their volunteers in a creative and fun social media networking platform that already has yielded an impressive following among colleges and universities and non-profit organizations," said Jennifer Tegan, Partner at Cayuga Venture Fund. "We are excited to see this company grow and reach its full potential with this financing."

Ben Lin, Managing Partner at Great Oaks Venture Capital states, "What LinkedIn has done for an individual's professional career, GiveGab can do for their volunteering efforts. We are excited to be part of GiveGab's success."


For further information, please contact: Linda Hall, Director of Marketing Phone: 616-450-3181 Email

About GiveGab

GiveGab, the social network for volunteers, is dedicated to helping volunteers and nonprofit organizations interact in local communities. GiveGab's goal is to create a fun yet effective online environment that encourages real-world volunteer hours, donations, and social interactions. GiveGab helps volunteers find volunteer opportunities in their local community, log volunteer hours, and create a volunteer resume. Volunteer managers at nonprofits, colleges/universities, businesses and clubs can use it to create and manage events, programs, and opportunities, recruit volunteers, track volunteer hours and report their success. For more information, visit

This press release was issued through eReleases® Press Release Distribution. For more information, visit


Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs