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Database Reference: F231109-300
Location: USA, Seattle, WA
Region: North America
Business description: New online store offering daily sales on apparel, gear and other goodies for mothers, babies and children. Members can enjoy big savings off retail prices. Zulily will go into beta in Q1, 2010 and membership is free.
Contact 1: Darrell Cavens, CEO
Investors: Led by Maveron
Amount raised: £4,600,000
Details: Zulily has raised $4.6 million in a round led by Maveron LLC, the consumer-focused venture capital firm formed by former investment banker Dan Levitan and Starbucks’ chief executive Howard Schultz. Led by Blue Nile veterans Darrell Cavens and Mark Vadon, Zulily will use the funds to create a significant online private-sale retail e-commerce business focused on kids, babies and busy mothers.