MyWebGrocer Wraps Up $13M Investment

Colchester, VT-based MyWebGrocer, a provider of online commerce software and digital media services for grocery stores and consumer goods companies, announced on its website yesterday that it has raised $13 million in equity financing from New York, NY, investment firm Stripes Group. Stripes Group managing partner Dan Marriott is taking a seat on the company’s board of directors as part of the deal, according to the company.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.