Reuters - Flash-Sales Site Zulily Raises $85M
Flash-sales site Zulily raised $85 million in a funding round that values the company at $1 billion, Reuters reported. Zulily, which launched two years ago, focuses on mothers and sells everything from baby products to home-decor merchandise. It expanded to Britain last year. Its latest funding round was led by venture-capital firm Andreessen Horowitz, which invests in e-commerce sites Fab and ShoeDazzle.
16 November 2012•3 mins read
