Monday, October 8, 2012

Lockerz Gets $7.5M

Seattle-based social shopping service Lockerz has raised another $7.5M in funding, as part of an ongoing, $9.6M funding effort for the company, according to a regulatory filing by the firm. The filing looks to be a convertible debt round. Lockerz is venture backed by DAG Ventures, Kleiner Perkins Caufield & Byers and Live Nation. Lockerz last announced a major funding round in August of 2011. The firm recently had some major executive changes--CEO Kathy Savitt was snagged by Yahoo in August to head up that firm's marketing efforts. More information »