Wayfair raises $36M in funding to fuel growth of Joss & Main

Date:
Monday December 10, 2012

Company Name:
Wayfair

Company Website:
http://www.wayfair.com

Categories:
Consumer Web, eCommerce, Internet

Deal:
Funding

Source:
http://prn.to/12hN2hg

Wayfair.com the largest online retailer of home goods and furnishings, announced today that it has secured $36.3 million in new equity financing to fuel the growth of Joss & Main (jossandmain.com), the company's private sale site for the home. Joss & Main has acquired nearly three million members and is operating at a $100 million annual revenue run-rate to become the fastest growing flash sale site for home goods and furnishings. Investors include Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital.