Loop Commerce Obtains $16,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2a66f60c-6847-49df-8285-1ab65b1dd43b - Date
4/28/2015 - Company Name
Loop Commerce - Mailing Address
611 Santa Cruz Avenue Menlo Park, CA 94025 USA - Company Description
Loop was born from a feeling of frustration with the online gift-buying experience. While trying to buy meaningful gifts for our families and friends, we realized that something major was broken: online stores simply weren’t designed for shopping for someone else. - Website
http://www.loopcommerce.com - Transaction Type
Venture Equity - Transaction Amount
$16,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Loop will use the new funding to accelerate its growth, including the hiring of new team members across most functions of the organization, notably in engineering, data, sales and marketing, product and design. - M&A Terms
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