Social Commerce Platform 8thBridge Raises $10 Million

Monday, March 21st, 2011

Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

8thBridge, a company that helps retailers and brands bring shopping to Facebook, has raised $10 million in new funding led by Trident Capital, with Split Rock Partners participating in the round. This brings 8thBridge’s total funding to $16 million.

8thBridge, which was formerly known as Alvenda, allows retailers to set up shop on Facebook and engage consumers via social features on the network. 8thBridge’s capabilities includes a quick checkout feature inside Facebook’s News Feed, Fan Pages, and inside banner ads on publisher websites. 8thBridge also allows retailers to deliver highly personalized offers based on consumer interests, social promotions and rewards to repeat purchasers.

Currently, 8thBridge is helping power Facebook retail experiences for a number of high-profile brands including 1-800-Flowers.com, Lands’ End, Brooks Brothers, Delta Air Lines, Hallmark, HauteLook and Avon.

Company: 8thBridge
Website: 8thbridge.com
Launch Date: November 1, 2008
Funding: $15M

8thBridge makes it possible for customers to shop where they socialize and socialize where they shop. It is on a mission to reshape ecommerce around people. Hundreds of millions of people use Facebook to discover and promote the things they care about. Increasingly, customers are learning about new products from friends more frequently than from brands. Merchants use 8thBridge to amplify this trend and empower their advocates to share their products and offers with friends. Our technology also closes the loop...

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