Lot18 Uncorks Investment From Diapers.com Founders

Lot18, which offers rare or discounted wine and food items online, has closed a partial round of funding from the founders of Diapers.com, which was acquired by Amazon through its purchase of Quidsi in November. Lot18, which has 400,000 members and 80 employees, will use the funding to support growth and to launch new verticals. The amount raised was less than $1 million; in total, it has now raised $13 million.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik