Tuesday, November 22, 2016

OfferUp Adds $11M, Adds PayPal's Levchin To Round

Bellevue-based OfferUp, which operates an online marketplace app for secondhand items, has added $11M to an already substantial funding round, the company disclosed Monday. The funding came from PayPal co-founder and former CTO Max Levchin. The funding came on top of an already very large, $119M funding round that the company had announced in September. That round came from Warburg Pincus, GGV Capital, Altimeter Capital, plus Andreessen Horowitz, T. Rowe Price, Vy Capital and Coatue Management. More information »