Wednesday, August 10, 2011

Zulily Snags $43M Funding Round

Seattle-based Zulily, the private sales sites focused on children's fashions, announced last night that it has scored a big, $43M funding round for the company. According to the company, the new round, its Series C, was led by Meritech Capital Partners. The new round brings the company's total raised to $53.6M. Craig Sherman of Meritech joins the company's board as part of the funding. Zuily, which is headed by Darrel Cavens, said the new funding will go towards more employees plus marketing and growth. Zulily offers daily deals on everything from apparel to baby gear and toys. More information »