eCommerce - Monday, February 8, 2010
Germany's Brands4friends.de Invests In UK's SecretSales
Shopping club Brands4friends.de, based in Berlin, has made an investment in similar site SecretSales, although they are not disclosing. If you are not familiar with either company, they boast that in the two years since it has been founded, brands4friends.de has annual revenues of €80M In the UK, SecretSales competes with the likes of Brand Alley, Vente Privee, Cocosa and The Outnet. In November 2008, Brands4friends, raised over €10M in third-round funding recently. The round was led by Par... Full Story
eCommerce - Thursday, January 28, 2010
Private Sales' Beyond The Rack Raises $2M
Montreal-based Beyond the Rack has raised $2M in funding from Oleg Tscheltzoff (CEO of Fotalia) and Zurich-based angel investor Oliver Jung, as well as Montreal Start Up. It has now raised $4.5M. The starup is led by CEO Yona Shtern who was CMO at o... Full Story
Euro Ventures - Thursday, January 28, 2010
Russian Social Gaming Startup Raises Capital
Another social gaming play? Well, in Russia the market has grown to $30M in less than two years with one major player. How is that for temptation? Okay, maybe "exuberance" is a better word. Whatever the case, new capital has been flowing into the ma... Full Story
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