RedEnvelope Completes Third Round Financing

RedEnvelope, a San Francisco-based direct marketer, has secured $3 million in third round financing. Investors include Direct Equity Partners (a Madison Dearborn Partners and Gruppo, Levey & Co. joint venture), Atrium Capital, Comdisco Ventures, and Crown Technology Partners.

In addition, Claire Gruppo, managing director of Direct Equity Partners, has been named to RedEnvelope’s board of directors.