GBox Secures $5 Million

Jan 20, 2009

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gBox, a social commerce widget for gift-giving online, has raised $5 million in a first round of funding. Unspecified private investors in the U.S. led 80 percent of the round, with European backers supplying the remainder, according to reports. With full access to gBox, users can search, browse, and play previews of content on; create, manage, and publish a wishlist; buy items; access a digital locker to download items that were gifted and purchased; and view friends' wishlists, gifts given, and gifts received.