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LiveBid

Acquired

Seattle, United States · Founded 1996 · $1.5M raised

E-Commerce
Online Auctions
Headquarters
Seattle
Founded
1996
Business Model
Marketplace
Total Funding
$1.5M
Last Round
$1.5M Venture Round
Rounds
1
Acquired by
AmazonApr 1999

About

LiveBid.com was an online live auction platform founded in 1996 in Seattle, allowing auctioneers and auction houses to run real-time internet auctions over the web. Amazon acquired the company in 1999 for a reported $50 million in stock to expand its nascent Amazon Auctions business and compete with eBay, but the auction unit struggled and LiveBid was shut down by the early 2000s.

Summary

LiveBid is an E-Commerce company based in Seattle, United States, founded in 1996. It has raised $1.5M in total across 1 round. Investors include Madrona Venture, Amazon and Alliance of Angels.

Funding History

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AcquisitionApr 1999
$50.0M

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Investors

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