• Naspers Leads $17 Million Round In Private Sales Site Brandsclub

    On the heels of Gilt Groupe’s $35 million round last week, Brazilian private sales site Brandsclub has raised $17 million in funding from South African media conglomerate Naspers and European fund Trayas. Naspers put in the bulk of the funding, investing $15 million in the e-commerce company. Founded in March 2009, BrandsClub has been riding the flash sale site wave. The site now has… Read More