NoMoreRack Obtains $40,000,000 Series B Funding Round

  • Feed Type
  • Date
    11/1/2013
  • Company Name
    NoMoreRack
  • Mailing Address
    381 Park Avenue South 4th Floor New York, NY 10016
  • Company Description
    Nomorerack.com is an online shopping destination that provides in-demand goods, at deep discounts.
  • Website
    http://www.nomorerack.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The additional funding will be used to expand sales and marketing to further drive customer acquisition and growth.
  • M&A Terms
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    HTV Industries
  • Venture Investor
    Undisclosed