Social Shopping Startup Shopcade Bags $4M To Fuel Mobile Growth & A Big Data Play

Social shopping and deals-focused startup Shopcade, which launched out of the U.K. in November 2011, has raised ?2.5 million (circa $4 million) to accelerate its growth on mobile. Investors in the funding round include Pascal Cagni, formerly head of Apple’s European business from 2000 to 2012, and Michel Combes, CEO of telecommunications company Alcatel-Lucent and ex-CEO of Vodafone Europe.