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Swagbucks Lands $60 Million Investment, Names Former Fandango Chief CEO

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Swagbucks, a website that lets users earn rewards that they can cash in for gift cards by performing tasks such as watching videos and taking surveys, has received a $60 million investment from Technology Crossover Ventures. The company is also announcing that TCV’s Chuck Davis, a former Fandango chief executive, will take over as Swagbucks’ CEO. Swagbucks turned a profit in 2013 on $53 million in revenue, the company said.

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