alarm:clock

eCommerce - Wednesday, March 28, 2007

The WebVan of Minneapolis, SimonDelivers, Raises Funding

simondelivers.png
It looks like the home grocery deliver service SimonDelivers may be up for sale. The company's sales have been flat the past couple of years, says InternetRetailer, and it recently received a new amount of undisclosed funding from Denali Partners, a private equity firm that targets businesses that need between $1M and $5M in investment capital for growth, expansion or buyouts.

In 2006, SimonDelivers posted revenue of about $60M, a decrease of 7.2% from web sales of $64.7M in 2005.

View - site

Post a comment




Remember Me?


More Recent Articles

ThumbXCOR Space Startup Further Funded

Thursday August 21, 2008

For successful tech entrepreneurs and investors 3 trends stand out for their encores: wine, alternative energy and space travel. We are bullish on the alternative energy meme but see space and wine as ego plays with high risk economic upside. We hat... Full Story

ThumbPost 9-11 Airport Security Startup Clear Raises $44.4M

Thursday August 21, 2008

On a trip through Denver International this week we couldn't help but be envious of the travelers who were gliding through the Clear line. Some jerk cut in front of our TSA line and of course the line ground to a halt. Another traveler explained that... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet