CatchoftheDay Adds Financing at $200M Valuation
Australian online retailing group CatchoftheDay, has raised an undisclosed amount of financing from a group of investors including Tiger Global Management, James Packer's Consolidated Press Holdings, Andrew Bassat of Seek and Glenn Poswell of Gannet Capital. The money comes at a $200 million valuation for CatchoftheDay, which operates two well-known e-commerce sites in Australia. The company founders will retain a controlling interest in the company. Lee Fixel from Tiger Global, and Jason Lenga from Seek, will join as directors.
23 May 2011•4 mins read
