Spotzot Secures $2.2 Million for Mobile Coupon Network

Santa Clara, Calif.-based Spotzot, which aggregates coupons, daily deals and other online promotions, has raised $2.2 million in capital. The company’s first round was led by Cervin Ventures, Inventus Capital Partners and TiE-Silicon Valley Angels. Mobile publishers such as ShopSavvy, Shopkick, CardStar and Geodelic tap into the network to display the deals in applications.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work