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Artspace.com Raises $8.5M Series B To Expand Online Marketplace For Fine Art

The art world doesn’t always get a lot of love from the VC community, but Artspace.com is ready to change all that with a new round from Canaan Partners. The Series B round adds another $8.5 million on to ArtSpace’s original $3.7 million in venture and Series A funding. Artspace.com is an ecommerce platform that acts as an online marketplace for high-end art. It was founded back in 2011, and has since grown to secure the largest ever round in the art sector, but that’s just the start. The service has also built out its inventory since launch from $7 or $8 million to $100 million worth of inventory on the site right now. That means that there’s something there for everyone, whether you’re an experienced collector or a first-timer. In terms of that new Series B round, Artspace has big plans for expansion. We spoke to co-founders Catherine Levene and Christopher Vroom who said that the $8.5 million round would go toward expansion of both the technology platform (meaning new products ...

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http://feedproxy.google.com/~r/Techcrunch/~3/7We-ZehoEzU/ http://techcrunch.com/2013/01/13/736122/#comments Mon, 14 Jan 2013 03:33:14 +0000 Catherine Shu TC viggle getglue http://techcrunch.com/?p=736122 GetGlue today announced that it is not merging with Viggle, though the social TV app maker said in a statement on its blog that "the two companies remain friendly and think highly of each other." GetGlue today announced that it is not merging with Viggle, though the social TV app maker said in a

GetGlue today announced that it is not merging with Viggle, though the social TV app maker said in a statement on its blog that "the two companies remain friendly and think highly of each other."

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Found more than 1 month ago on channel TechCrunch

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