RC

Retail Convergence

Closed

Boston, United States · $25.0M raised

Business Model
B2C
Total Funding
$25.0M
Last Round
$25.0M Series AApr 2008
Rounds
1

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 History

AcquisitionAcquisition by GSI CommerceOct 2009

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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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