Zuilly, an e-commerce site for mothers and children, raises $4.6M

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:  F231109-300
 
Business:  Zulily
Web:  http://www.zulily.com
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.
Category: Retail
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.

Link:  Interview with Darrell Cavens,ceo of Zulily

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: