[Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.]
E-commerce is making a comeback, with investors pouring gobs of funding into fast-growing online retailers.
Earlier this week, home goods seller One Kings Lane landed a massive $112 million in financing. And today, reports circulated that Wayfair closed a massive $150 million round.These weren’t the only major funding announcements for e-commerce sites: Myntra nabbed $50 million and a mobile app called Vinted scored $27 million today.
Check out the full list of startups that received funding on VentureBeat:
Wayfair said to be raising $150M to change the way your furnish your house
Home goods giant Wayfair is raising a $150 million round with a valuation of $2 billion, according to a report in Reuters. This news comes just one day after rival One Kings Lane announced closing $112 million in new funding at a valuation of $912 million. Read the full story on VentureBeat.
India fashion site Myntra raises $50M on a $200M valuation
According to a report in TechCrunch, Myntra, one of the bigger fashion sites in the region focusing both on traditional and more western fashion, closed $50 million in funding today.
Vinted’s gets $27 million to turn your unwanted clothing into cash
Vinted is a mobile marketplace for secondhand clothes that puts those forsaken garments to use. Today, the startup announced it has raised $27 million in its second round of funding. The money will support the Lithuanian-founded company’s growth in the U.S. as well as product development. Read the full story on VentureBeat.
ZappRx lands $1M more to manage specialty prescriptions on mobile
With its new focus on specialty pharmacies, ZappRx founder and chief executive Zoe Barry has landed $1 million in additional funding, bringing the total to $2.2 million. Atlas Ventures led the round, with participation from SR One (the venture arm of GlaxoSmithKline) and Terry Meguid, David Hamamoto, Sean Trigony, and physicist James Glimm. Read the full story on VentureBeat.
ScrewPulp raises $330K to help authors and publishers connect
Screwpulp, an electronic book publishing platform that enables authors and readers to connect, secured a small seed round from Start Co. Angels, a Memphis-based, angel investment group, and other angels. In a press release, Screwpulp’s founders said they plans to use the money to enhance the shopping and reading experience for readers and improve the publishing experience for authors.
At One Kings Lane, we believe that living (and giving) well is more than just a fantasy. That’s why we bring the world's best designer décor and home essentials, entertaining and travel needs, fantastic gift selections and more to o... read more »
Powered by VBProfiles