Exclusive: Lot18 Closes Third Round in a Year, This Time for $30 Million

Accel Partners has led a $30 million round of capital in Lot18, an invitation-only site that started selling wine online just a year ago. The round is the company’s third in the past 12 months.
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News Byte

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.

Apple’s iPad Already Replacing Cash Registers by the Bushel

Mobile devices — and especially Apple products — have become fairly mainstream at U.S. retail locations. Today, Pacific Sunwear announced a significant deployment of mobile devices in its stores.
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Gilt Groupe’s Policy on Upcoming Wine Sales Leaving Behind a Sour Taste

Gilt Taste, the high-end food site operated by the Gilt Groupe, is preparing to launch a wine vertical that has some people in the industry feeling corked.
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Amazon Pulls Cork on Wine Delivery

Amazon.com has ended a trial program to sell wine online, the company confirmed. The wine sales pilot, which the e-commerce giant launched last year, was intended to sell wine from California’s Napa Valley and other U.S. regions.

Why Robert Scoble Is Wronger About "2010 Web": A BoomTown Translation!

Oh, Scooby-Don’t… You could not be more wrong in your post last week–titled, “Why Kara Swisher and Walt Mossberg are wrong about naming Web 3.0 ‘Web 3.0′”–about Walt and I being wrong about naming Web 3.0 “Web 3.0″ in an essay we posted at the start of our D: All Things Digital conference, which took place last week. I know writing “Kara Swisher,” “Walt Mossberg” and “Wrong” is well-nigh irresistible, but your solution of calling the digital era we are in the “2010 Web” is equally confusing and incorrect.
scooby-doo

D7 Wine Tasting Seminar and Reception

D7 conference participants who got here early enough got not one, but two tasty treats. First was the Wine Tasting Seminar, sponsored by Penfolds winery, where participants learned about the fine art of wine-tasting while enjoying several Shiraz and Riesling wines. And after that was the general Wine Reception, where D7-ites put their new skills to use and enjoyed an afternoon of oenophilia.

Amazon.com: Earth's Biggest Hangover

“Earth’s Biggest Bookstore” in the late 1990s, Amazon is today Earth’s Biggest Magazine, Music, Video, Electronics, Apparel and Accessories Store. And soon it may well be earth’s biggest wine store, as well. Now that winery-to-consumer shipping is legal in 45 states, Amazon is getting into the wine business.

Amazon.com: Earth’s Biggest Hangover

“Earth’s Biggest Bookstore” in the late 1990s, Amazon is today Earth’s Biggest Magazine, Music, Video, Electronics, Apparel and Accessories Store. And soon it may well be earth’s biggest wine store, as well. Now that winery-to-consumer shipping is legal in 45 states, Amazon is getting into the wine business.