NakedWines.com Secures $10,000,000 Series C Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7df382c2-a487-49a1-a372-ff9639c0db36
Date
8/23/2013
Company Name
NakedWines.com
Mailing Address
1141 First St. Napa, CA 94559
Company Description
Nakedwines.com is a customer funded online wine retailer, with a unique business model, where customers can fund winemakers in exchange for wholesale pricing and exclusivity.
Website
http://www.us.nakedwines.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Series C
Proceeds Purposes
The new funding will accelerate the company’s expansion into the US and Australian markets.
M&A Terms
Venture Investor
WIV Wein International AG