"Flash Sales" May Be The Next Big Thing With $41 Million Investment
New York-based Ideeli, a flash sales site founded in 2007, has raised $41 million in Series C funding led by Next World Capital with Cue Ball Capital and other investing firms participating in the round. The latest round brings the total funding of Ideeli to almost $70 million.
New York-based Ideeli, a flash sales company founded in 2007, has raised $41 million in Series C funding led by Next World Capital with Cue Ball Capital and other investing firms participating in the round. The latest round brings the total funding of Ideeli to almost $70 million.
Ideeli offers 50 to 70 percent discounts on clothing and accessories over a period of several days to over 4 million members. The sales are private, available only to members, with forthcoming sales from brands announced to its members via emails.
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