
Ithaca, New York -- Internet social networking company GiveGab has landed $280,000 in debt venture capital, according to an SEC regulatory filing.
GiveGab has developed a social network that assists nonprofit organizations in outreach and collection of donations.
Proceeds purposes from the financing were not disclosed.
One investor, who was undisclosed, made the investment.
The company is still seeking $320,000 in additional debt financing, according to the filing.
GiveGab was founded in November 2010 by CEO Charlie Mulligan.