Future Capital Development Fund (FC), one of Australia's leading Internet Investment groups, today announced that it has invested into online Gift Registry provider OurWishingWell.com (OWW). OurWishingWell.com is a fast growing global gift registry that has serviced over 33,000 people over the last 24 months and was recently recognized as one of the Top 15 Web 2.0 businesses by BRW. OurWishingWell.com is an online gift registry & wishing well that allows people to contribute money towards any gifts for any event using an innovative virtual gift system. The system handles all major currencies and is available 24/7 using a quick and easy, safe and secure, process. The company also provides a white-label solution, where other businesses can provide their own gift registry service using OurWishingWell technology; which is already powering a number of businesses in multiple countries. "We are pleased to be working with Joseph Renzi and his team on the expansion of OurWishingWell.com. This business is one of the most scalable business models I have seen and our capital will be used to fund further growth of the business." stated Future Capital CEO Domenic Carosa. Domenic Carosa will also join the board of OurWishingWell.com. "We are pleased to have received investment into OurWishingWell.com which allows us to grow faster internationally. Our team is very excited about expanding our already successfully wedding product into other events like birthdays and fundraising" stated OurWishingWell.com CEO Joseph Renzi. -Ends- About OurWishingWell.com: OurWishingWell.com is an Australian-owned business based in Sydney. It has been independently recognized as being in BRW's prestigious top 15 web 2.0 businesses, Australian Anthill's Smart 100 Companies and a finalist in the DSRD Young Bizstar Competition - for further details visit www.ourwishingwell.com/media About Future Capital: Future Capital is one of Australia's leading Internet Upstart Funds that is managed by Internet entrepreneur Domenic Carosa. It counts Danny Wallis (founder of ASX listed DWS), Andrew Abercrombie (founder of ASX listed Flexirent) and Simon Baker (ex-CEO of realestate.com.au) as its major shareholders. |
