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Karmaback Launches Social Coupons

Austin-based Karmaback, a startup out of the Austin Technology Incubator, said today that it has launched a "social coupon" feature which encourages users to share discounts and offers with Facebook, Twitter, and other users. According to the firm, the new feature allow companies to launch their "social coupons" to a company's Facebook fan page and/or Twitter page, which also provide rewards and access to sweepstakes through the service. Karmaback, which launched publicly in June, is looking to help companies spread the word about their products through Facebook, Twitter, and other websites. The firm is headed by Harlan Titus Beverly.