Home › DMW Daily › April 3, 2009

Swoopo Lands $10 Million for "Entertaining" Online Auctions

Authored by Mark Hefflinger on April 3, 2009 - 7:40am.
Cupertino, Calif. - Swoopo, an online auction site that "combines e-commerce and entertainment," has raised around $10 million in its second round of venture capital financing, led by August Capital.

Founded in Germany in 2005, the now-Cupertino, Calif.-based Swoopo lets users "strategically place winning bids for goods at a fraction of their retail cost."

The service, which launched in the U.S. in late 2008, claims nearly 2 million members.

 

Related Links:
http://sev.prnewswire.com/retail/20090402/AQ9286302042009-1.html

http://www.swoopo.com

Published in DMW Daily, April 3, 2009
tags: Deals | VC | Retail | August Capital | Swoopo |



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