Plastic Jungle Raises $10 million For Gift Card Marketplace

Plastic Jungle, a marketplace for gift cards, has just raised $10 million in new funding led by Jafco Ventures with Redpoint Ventures, Shasta Ventures, Bay Partners, and First Round Capital participating. This brings the startup's total funding to over $23 million. Plastic Jungle lets you buy, sell and exchange gift cards online. Instead of receiving cash for your gift card, Plastic Jungle also lets you trade the value in for an Amazon gift card or give your money to charity. Users can receive cash for unwanted gift cards for up to 92% of the unused balance and buy gift cards at up to a 30% discount.

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