Co-founder of AOL Steve Case (who will be up on stage at TechCrunch Disrupt this morning – live stream here) has invested an undisclosed sum in online wine marketplace Vinfolio.
The funding comes from Case’s investment company Revolution – partners David Golden and Philippe Bourguignon will join the startup’s board of directors.
The deal terms were not disclosed.
Vinfolio, based in San Francisco, provides fine wine fans and collectors with technology to purchase and manage wine collections, and share their ratings and opinions with others.
The company has raised capital in the past, most recently securing $4.5 million in a Series A funding round led by Panorama Capital.
The startup competes with the likes of Wine.com, Snooth, Vinogusto and Cork’d.
Based in San Francisco, with a second location opening in Hong Kong in Fall 2008, Vinfolio’s guiding principle is “Fine wine, finer service,” demonstrating the company’s unparalleled level of personalized customer service and collector services. Vinfolio’s wine store is seamlessly integrated with collector services, all designed to make the wine buying, selling and collecting experience effortless and enjoyable. From an extensive selection of fine wine to VinCellarâ„¢, its online cellar management software, to collector services...
As a businessman and philanthropist, Steve Case invests in diverse for-profit and nonprofit enterprises, with a particular interest in health care and the economic and social sustainability of Hawaii, his home state. To that end, he and his wife, Jean Case, created the Case Foundation in 1997. In April 2005, Steve launched Revolution, a company that seeks to drive transformative change by shifting power to consumers. Revolution’s mission is to partner with entrepreneurs in building businesses that give people more...
Launched by Steve Case in 2005, Revolution seeks to transform whole market sectors by shifting power to consumers. The company’s mission is to give people better choices, more control and more convenience in the important aspects of their lives - and build significant companies in the process. Many industries are on the brink of disruptive change: At Revolution they build insurgent companies to capitalize on nascent opportunities. Revolution searches for businesses that recognize emerging market trends and pursues them, taking risks...
Sponsored Ads
Sponsored Ads
Sponsored Ads
Barcelona, Spain
New York City
San Francisco, CA
