Lockerz ranks along with Etsy and Polyvore as one of the most exciting startups currently in the social shopping category. Recently they have been actively looking for additional capital to increase the $30 million they raised in Q1 to $45 million. At the moment, they are at $36 million:
"Lockerz, a social commerce company with more than 45 million unique visitors monthly, today announced the investors in its approximately $36 million of Series C funding.
The financing includes DAG Ventures, as the lead investor, and Lockerz' seed investors, Liberty Media and Liberty's CEO, Greg Maffei, as well as Kleiner Perkins Caufield & Byers, which led Lockerz' B round.
In addition, Live Nation Entertainment, the world's leading live entertainment and eCommerce company, has made a strategic investment. Lockerz anticipates completing its Series C round, an offering of up to $45 million, in the next 60 days."
After acquiring photo sharing service TweetPhoto/Plixi, Lockerz then took over AddToAny.
Although there is a lot of movement in the social shopping segment now, there isn’t really anything thrilling going on. We recently reported on Treatfeed (“Converting Product Recommendations to Rewards”) on excitingcommerce.com.
Related posts:
- Social Shopping Network Lockerz Raises Another $30 Million
- Lockerz Takes Over TweetPhoto/Plixi for Lockerz Photos
- Lockerz Founder Kathy Savitt on the Lockerz Phenomenon
- Lockerz: The Shopping Extravaganza for the Next Generation
- TreatFeed: Converting Product Recommendations to Rewards
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo
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