Tech Company Financing Transactions
Group Commerce Funding Round
Group Commerce, based in New York, scored $21 million from Rally Ventures, Spark Capital and Viola Ventures.
Transaction Overview
Company Name
Announced On
5/30/2012
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series C
Investors
Proceeds Purpose
The funding will be used to increase support for its growing US client base, further develop its technology platform to enable all forms of e-commerce, and to accelerate its rollout into the UK, Germany and other European countries.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
628 Broadway 500
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Website
Email Address
Overview
The company has developed a white label, full-service group buying platform for publishers and merchants.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
David Rosenblatt
Chief Executive Officer
Jonty Kelt
Chief Operating Officer
Vibhav Prasad
Chief Technical Officer
Ofir Shalom
VP - Finance
Chipo Sachirarwe
VP - Product Management
Soniya Sapre
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We report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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