marketplace

News Byte

Etsy Secures $40 Million for International Expansion

Tricia Duryee in Commerce on May 9 at 9:43 am PT

Etsy, the online marketplace where people sell their arts and crafts, has raised $40 million in funding. Investors include Index Ventures (which led the round), Accel Partners, Union Square Ventures, Hubert Burda Media and Glynn Partners. In a blog post, Etsy CEO Chad Dickerson said the company will expand internationally. To date, Etsy has raised $91 million in capital.

News Byte

New Bravo Food Show Partners Up With Gilt Taste

Tricia Duryee in Commerce on May 8 at 8:48 am PT

Bravo Media’s new cooking competition, “Around the World in 80 Plates,” is teaming up with Gilt Taste, an online food marketplace, where fans will be able to purchase products and ingredients featured in each episode. Since Gilt Taste is part of the megaretailer’s flash-sales kingdom, be prepared to sign up in order to visit the special site.

News Byte

Lifecrowd Raises $5 Million From Groupon Founders for Social Activities Site

Tricia Duryee in Commerce on April 19 at 4:30 am PT

Santa Monica, Calif.-based Lifecrowd has raised $5 million in a first round of funding to build a site where users can discover social activities, ranging from wine tastings to dodgeball. Participating investors include Lightbank (started by Groupon founders Eric Lefkosky and Brad Keywell), Bullpen Capital, Baroda Ventures, Prism VentureWorks and MuckerLab, an accelerator program. The site is live in Los Angeles, San Francisco, Orange County and San Diego.