Thursday, November 15, 2012

Zulily Raises $85M In New Funding

Zulily, the daily deals site for mothers nheaded by Darrell Cavens, has just scored a big, $85M funding, which reportedly values the firm at more than $1 billion. The company said the round was led by Andreessen Horowitz, and also included Maveron and Meritech Capital Partners. Zulily has seen a huge amount of growth, according to sources near the firm and is arguably one of the fastest growing companies in the Seattle area. Zulily hasn't released its revenue numbers, but did say it now has more than 10 million members. The firm has now raised around $138.6M in funding. More information »