|Acquired by||eFORCE Global|
|Terms||Cash and Stock|
|Description||Music gift-giving service|
|Angel, 1/2008 |
b-to-v Partners AG
|Series A, 1/2009 ||$5M|
gBox makes a gift-giving widget that allows you to buy DRM-free music from your wishlist or your friends’ wishlist. gBox’s gift-giving widget allows people to create digital goods wishlists that they or their friends can gift to them and vice-versa. Users can create, manage and share their wishlist widgets on the gBox site or wherever they want to post their widget including popular social-networking sites. They can also view theirs friends’ wishlists and see what gifts they have given and what gifts they have received.
gBox has plans to sell DRM-free music on their site. They have struck a deal with Universal to sell DRM-free music for 99 cents per track or $9.99 an album. Engadget reported that they have struck another deal with Google to refer users to their gBox site via Google AdWords. Universal plans to pay Google for the gBox referrals.