Dublin-based startup &Open has raised $7.2m to further develop its corporate gifting platform.

The company said the funds will be used to grow their 31 person team - particularly in sales, marketing, and engineering.

The funding round was led by First Round Capital and LocalGlobe, along with a number of angel investors including Andrew Robb of Farfetch, Des Traynor of Intercom and Liam Casey of PCH.

Jonathan Legge, co-founder and CEO at &Open, said their partnership with First Round Capital and LocalGlobe will allow &Open to further scale "care and connection" through gifts across the globe.

&Open launched in 2017, and is used by brands including Airbnb, Spotify and Peloton.