Retail Convergence
AcquiredBoston, United States · $25.0M raised
- Headquarters
- Boston, Massachusetts
- Business Model
- B2C
- Total Funding
- $25.0M
- Last Round
- $25.0M Series AApr 2008
- Rounds
- 1
- Acquisition Date
- Oct 2009
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
Retail Convergence was a Boston-based holding company that operated a portfolio of flash-sale e-commerce sites — most notably RueLaLa.com and SmartBargains.com — offering members-only two- to three-day private sales on discounted designer fashion, footwear, and home goods. Backed by $25 million in venture funding, the company was acquired by GSI Commerce in a deal valued up to $350 million, announced in October 2009.
Summary
Retail Convergence is an E-Commerce company based in Boston, United States. It has raised $25.0M in total across 1 round, most recently a $25.0M Series A round in Apr 2008. Investors include General Catalyst, Breakaway Ventures and Mugar Enterprises.
Funding & Exit History
Oct 2009
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Funding: Series A. Amounts, valuations, and investors where available.
Investors
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