Moms and Babies Rejoice! Zulily Raising $85M at $1B Valuation
November 16, 2012
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Ever since its first fistful of millions in 2009, it's been a capital-filled ride for Seattle-based Zulily, the flash sales site for parents and kids. The company is currently in the midst of raising a reported $85 million mega-round led by Andreessen Horowitz, at a valuation of a cool $1 billion. When the announced financing is said and done, Zulily will boast a combined $138 million in its tank. Participants in earlier rounds include August Capital, Greenspring Associates, Maveron, Meritech Capital Partners and Trinity Ventures.
