Capital infusion – Second financing round

Philadelphia-based GivingCapital, which provides Web-based tech services to financial services firms and nonprofits, has landed $9.1 million in venture financing.

The financing, on the heels of $4.6 million raised from private investors earlier this year, was led by efinanceworks and Newhouse Capital Partners, both based in New York.

GivingCapital plans to boost its support of its financial-services clients’ marketing and servicing of its Web-based donor-advised fund program.

The firm, which already offers online fundraising and membership-management products, also plans to introduce Web-based products for clients to set up pooled-income funds, donor-directed funds, charitable remainder trusts and charitable life insurance products.

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