Jason Del Rey

Recent Posts by Jason Del Rey

With $40 Million Investment in Bigcommerce, Steve Case’s Revolution Growth Makes Biggest Bet to Date

Revolution Growth, the investment firm from former top AOL execs Steve Case and Ted Leonsis, has closed its biggest investment to date. The fund is betting big on Bigcommerce, an e-commerce software company that helps small businesses set up their own online retail presence, in a $40 million Series C round. Bigcommerce has now raised $75 million. This is just the latest big bet on e-commerce upstarts by Revolution Growth, which recently announced a $20 million-plus investment in Optoro and a similar-sized investment in kids’ clothing maker Lolly Wolly Doodle.


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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