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April 18, 2011 08:48 pm GMT

Bidmyway Raises $1.35 Million In Funding To Build An "~eBay For Local Deals'

Exclusive - Elite Media Worx, the startup behind local deals bidding site Bidmyway, has secured $1.35 million in financing as it gears up for the public debut of its 'eBay for deal-of-the-day sites'. Four Directions Holdings led the round, joined by senior management and other investors, including Brad Ohlemacher, President of EMC Precision.Bidmyway is billed as an 'online-to-offline bidding service' that basically allows people to name their best price, in true Priceline.com fashion, but for local goods and services, specifically.

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