ideeli

  • Groupon Moves Into Flash Fashion, Buys Ideeli For $43M In Cash

    Groupon Moves Into Flash Fashion, Buys Ideeli For $43M In Cash

    More acquisitions for Groupon to widen the net of consumers using its platform for more than daily deals. Today it is announcing the acquisition of ideeli, a flash fashion retailer, for $43 million in cash. A potentially strategic gain for Groupon, however, is a major loss for ideeli’s investors: the New York-based company had raised $107 million in funding from investors like… Read More

  • Flash Sales Site Ideeli Raises $12M More

    Flash Sales Site Ideeli Raises $12M More

    It appears that flash sales site Ideeli has raised another $12 million in funding, according to an SEC filing from Friday. It’s unclear who the investors are in this round, but this raise would bring Ideeli’s total funding to $112 million. Past investors include Credit Suisse, Next World Capital, Cue Ball Capital, StarVest Partners, Constellation Growth Capital and Kodiak… Read More

  • Flash Sales Site Ideeli Raises $41 Million

    Flash Sales Site Ideeli Raises $41 Million

    Flash sales site Ideeli, which was founded in 2007, has raised $41 million in Series C funding led by Next World Capital with Cue Ball Capital, StarVest Partners, Constellation Growth Capital and Kodiak Venture Partner participating in the round. This bring’s Ideeli’s total funding to nearly $70 million With over 4 million members, ideeli offers 50 to 70 percent discounts on… Read More

  • Flash Sales Site Beyond The Rack Raises $12 Million To Take On Gilt

    Flash Sales Site Beyond The Rack Raises $12 Million To Take On Gilt

    Beyond the Rack, a members-only sample sale site has raised another round of funding. The startup has just announced a $12 million round of funding from Highland Capital Partners and BDC Venture Capital. This brings the Beyond The Rack’s total funding to $16.5 million. Similar to Gilt, HauteLook and Ideeli, Beyond the Rack is a members-only shopping site that offers steeply discounted… Read More

  • A TC Teardown: What Makes Groupon Tick

    A TC Teardown: What Makes Groupon Tick

    Editor’s note: Group buying sites are growing like mushrooms. In this teardown, guest author Steven Carpenter goes through a detailed teardown of the largest social commerce site, Groupon, and its competitors to see what exactly is going on here. Much has been written about the rapid growth and success of Chicago-based local daily deal company, Groupon. And it is for good reason. No… Read More

  • MyNines Launches As The Kayak For Private Sales

    MyNines Launches As The Kayak For Private Sales

    Online private sales is a growing business model that is rapidly becoming a staple of online shopping. Ideeli, Gilt Groupe, Vente-Privee, HauteLook and others are quickly gaining millions of users each and attracting significant amounts of venture funding. But the one issue I find with these sites is that it’s annoying to have to check each site every day for sales. I subscribe to almost… Read More

  • Online Sample Sale Site Ideeli Raises A Whopping $20 Million

    Online Sample Sale Site Ideeli Raises A Whopping $20 Million

    We’ve written about the rapid growth of online sample sales; with the latest news coming from the rumored acquisition of European sample sale site Vente-Privee by Amazon for an estimated $3.01 billion . Today, online shopping site Ideeli, which was founded in 2007, has raised $20 million in funding, according to an SEC filing. We’ve contacted the company for further comment. Prior… Read More

  • The Rebirth Of The Sample Sale

    The Rebirth Of The Sample Sale

    Sample sales are an amazing resource for marked down goods for both mainstream and luxury brands. Online private sample sales are picking up serious speed. Here is how they work: big designers, such as Marc Jacobs or Versace, place excess inventory on a sale site at 50 to 70 percent discounts over a several day period. The sales are private, available only to members, with upcoming sales… Read More

  • Private Shopping Clubs Combine Discounts With Luxury (We Have One Kings Lane Coupons)

    Private Shopping Clubs Combine Discounts With Luxury (We Have One Kings Lane Coupons)

    Thanks to a surge of consumers looking for deals in the recessionary economy, private online sample sales, which offer highly discounted merchandise from luxury retailers looking to unload excess inventory, is becoming a fast-growing business. BuyVIP, a European private online shopping club with more than 3.5 million members, just secured $14.9 million in Series A funding from Kennet… Read More