Ribbon Raises $1.6M From Tim Draper & Others, Launches New Way To Take Payments Directly In The Facebook News Feed

The recently launched,?AngelPad-backed payments startup called?Ribbon?is today introducing new functionality that allows users to buy from merchants and other sellers directly in the Facebook News Feed. In addition, the company is confirming the close of its $1.6 million seed round, led by?Tim Draper's Draper Associates. Participating in the round were?Siemer Ventures, Emil Michael (Klout COO), Naguib Sawiris, Winston Ibrahim (Hydros) and MicroVentures.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/8bJM-j9qCy0/

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