Loop Commerce Obtains $16,000,000 New Funding

  • Feed Type
  • Date
    4/28/2015
  • Company Name
    Loop Commerce
  • Mailing Address
    611 Santa Cruz Avenue Menlo Park, CA 94025 USA
  • Company Description
    Loop was born from a feeling of frustration with the online gift-buying experience. While trying to buy meaningful gifts for our families and friends, we realized that something major was broken: online stores simply weren’t designed for shopping for someone else.
  • Website
    http://www.loopcommerce.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Loop will use the new funding to accelerate its growth, including the hiring of new team members across most functions of the organization, notably in engineering, data, sales and marketing, product and design.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy