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July 26, 2012 03:30 pm GMT
Warby Parker, Birchbox, HotelTonight, Threadflip, Dollar Shave Club. People who follow the booming e-commerce trend will certainly find those names familiar. But up until today, they may not have known one thread that ties them (and a handful of other companies like them) all together: Forerunner Ventures. A San Francisco-based venture capital firm focused on digital commerce startups, Forerunner Ventures has flown a bit under the radar for a while, piloted by a small staff backed by a low-key group of individual investors. But today, the firm is making its first step out into the bigger leagues, announcing that it has closed on $40 million for its first ever institutionally-backed venture fund.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lHFN2KPsRRI/
E-Commerce Focused VC Forerunner Ventures Raises $40 Million For Its First Institutional Fund
Warby Parker, Birchbox, HotelTonight, Threadflip, Dollar Shave Club. People who follow the booming e-commerce trend will certainly find those names familiar. But up until today, they may not have known one thread that ties them (and a handful of other companies like them) all together: Forerunner Ventures. A San Francisco-based venture capital firm focused on digital commerce startups, Forerunner Ventures has flown a bit under the radar for a while, piloted by a small staff backed by a low-key group of individual investors. But today, the firm is making its first step out into the bigger leagues, announcing that it has closed on $40 million for its first ever institutionally-backed venture fund.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lHFN2KPsRRI/
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