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Wayfair.com Raises $36.3M in Equity for Joss & Main
December 9,
2012 by in UnCategorized
By Aggregated Content in Business Strategy on December 10, 2012
from http://www.retailingtoday.com/article/online-home-furnishings-retailer-attracts-new-investment
Wayfair.com, an online retailer of home goods and furnishings, has raised $36.3 million in new equity financing to fuel the growth of its private sale site for the home, Joss & Main.
Joss & Main has fared extremely well for Wayfair.com, having acquired nearly three million members and operating at a $100 million annual revenue run-rate. Investors include Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital.
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