Members-only shopping site RueLaLa, a former subsidiary of GSI Commerce (before the eBay acquisition) just cut roughly 60 positions from its workforce of 550 employees, but an SEC filing published yesterday afternoon reveals that the flash sales company also recently completed a $22 million financing round. UPDATE: The company has informed us that the funding is not new. The SEC filing shows the… → Read More
MyNines, a startup that made its debut back in 2009, has gone belly up. The company, which we likened to a ‘Kayak for private sales’, wasn’t able to secure the financing needed to sustain the business.
MyNines aimed to help consumers sort through the daily flash sales sites by aggregating products for sale and offering users the ability to search and filter by designer, category, highest… → Read More
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