Milo.com Announces $4 Million of Series A Funding

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
FUND RAISING 
Database Reference:  F231109-241
Business:  Milo.com
Web:  http://www.milo.com
Location:  USA, Palo Alto, CA
Region:  North America
Business description:  Free online shopping engine that enables shoppers to research online and buy locally.
Category Online shopping
Contact 1:  Jack Abraham, founder and CEO
Contact 2:  John Evans, founder and CTO
 
Investor

Led by True Ventures (Co-Founder Jon Callaghan)

In addition to True Ventures, the A Round included the following prominent angel investors.

•Magid Abraham, comScore
•Harris Barton, former 49er
•Jeff Clavier, SoftTech VC
•Ron Conway, SV Angel
•Chris Dixon, Hunch, SiteAdvisor
•Russ Fradin, Adify
•Kevin Hartz, Eventbrite, Xoom, ConnectGroup
•Jawed Karim, YouTube
•Len Lodish, The Wharton School
•Aaron Patzer, Mint.com/Intuit
•Keith Rabois, Slide, PayPal, Yelp, LinkedIn, YouTube
•Aydin Senkut, Felicis Ventures
•Maurice Werdegar, Western Technology Investments

Round:  Round A
Dollars:  £4,000,000
Participants:  >14
 
Details:  Milo.com has raised $4 million in Series A financing. True Ventures led the round, joined by a Who’s Who of Silicon Valley, including key leadership from Mint.com, PayPal, Yelp, and YouTube. By searching the inventory systems of local stores in real time to find the products shoppers want, Milo.com combines the advantages of an Amazon-like experience with the ability to touch, feel and get products now at a local retailer.

Links:  Press Release

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