Facebook Gifting App Bday Unwraps $2 Million in New Funding

Tel Aviv-based Bday, a gift-finder on Facebook, has raised $2 million in a first round of funding. The company also announced the launch of its Bday Gift Finder app on Facebook, which helps users identify good gift ideas, including gift cards for friends based on their “Likes” and other data. The round was raised by Tel-Ad Electronics, and will be used to expand the company’s product offerings.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald