Tech Company Financing Transactions
Gilt Groupe Funding Round
Gilt Groupe, based in New York, secured $138 million in investment from SBNY, Eastward Capital Partners and General Atlantic.
Transaction Overview
Company Name
Announced On
5/9/2011
Transaction Type
Venture Equity
Amount
$138,000,000
Round
Series E
Investors
Proceeds Purpose
The funding will go towards launching new verticals and making acquisitions to get into new markets. In the next couple of months, Gilt has committed to launching a gourmet food site and a full-priced men's online retail apparel site, but others are also on their way.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
2 Park Ave. 4th Floor
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Website
Email Address
Overview
Gilt Groupe provides invitation-only access to highly coveted products and experiences at insider prices. Each day, Gilt offers its members a curated selection of merchandise, including apparel, accessories and lifestyle items across the women's, men's and children's categories.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michelle Peluso
Chief Financial Officer
Tom Sansone
Chief Information Officer
Steve Jacobs
Chief Marketing Officer
Clay Cowan
Chief Operating Officer
Tracey Weber
Chief Technical Officer
Michael Bryzek
VP - General Counsel
Kathy Leo
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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