Wednesday, July 06, 2005

Zappos.com Secures Additional Funding

"Zappos.com Secures Additional Funding to Support Its Rapid Growth and Build Its 'Service' Brand"

"The funds will be used to support the company's rapid sales growth and to improve the customer experience. Zappos.com is expecting to surpass $300 million in gross merchandise sales this year. The additional $15 million brings Sequoia Capital's total investment in Zappos.com to $35 million."

[Press Release]

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