Moms Drive Growth for Daily Deal Site

Zulily valued at more than $700 million

Yet another daily deals site has curried favor with investors. Baby- and children-oriented deal site Zulily has raised $43 million in venture capital. Meritech Capital Partners, the same group that had a large stake in PopCap Games before it sold to Electronic Arts for $1.3 billion, led the round. Zulily is also enjoying a surprising estimated valuation of well over $700 million.