Optoro nets $50 mln Series C in KPCB-led round
Optoro has raised $50 million in Series C funding in a round led by Kleiner Perkins Caufield & Byers. Other investors were Generation Investment Management, Revolution Growth, Grotech Ventures and SWaN & Legend Venture Partners. In conjunction with the funding, Daniel Oros, a partner at KPCB, has been added to its board. Based in Washington, D.C. and Maryland, Optoro is a provider of solutions that lets retailers and manufacturers increase revenue from returned and excess inventory.
10 December 2014•4 mins read
