Rue La La

  • Rue La La’s Founder Returns With M.Gemi, Direct-To-Consumer Italian Footwear

    Rue La La’s Founder Returns With M.Gemi, Direct-To-Consumer Italian Footwear

    Serial entrepreneur and the former founder and CEO of the members-only shopping site Rue La La, Ben Fischman, is back today with a new startup in the e-commerce space. Called M.Gemi and backed by $14 million in seed and Series A funding, the new company is focused on reinventing the women’s luxury footwear industry by giving factories in Italy the ability to sell handcrafted shoes… Read More

  • After Laying Off 60 People, RueLaLa Raises $22 Million

    After Laying Off 60 People, RueLaLa Raises $22 Million

    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… Read More

  • MyNines Runs Out Of Cash; CEO Becomes VP At Rue La La

    MyNines Runs Out Of Cash; CEO Becomes VP At Rue La La

    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… Read More