|By PR Newswire||
|August 11, 2014 09:22 AM EDT||
SAN FRANCISCO, Aug. 11, 2014 /PRNewswire/ -- Weddington Way (www.weddingtonway.com), a collaborative shopping site for weddings, today announced that it has closed a $9M Series A financing round. Javelin Venture Partners led the round, with participation from existing investors Battery Ventures, Felicis Ventures and Trinity Ventures. With $11.5M raised to date, Weddington Way continues to attract high-profile backers, further validating the company's potential to dramatically improve the wedding related e-commerce experience with its unique platform for collaborative commerce. Strategic investors in Weddington Way include luminaries in the retail/brand space such as Bonobos Founder/CEO Andy Dunn, Nixon's Founder/Executive Chairman Andy Laats, Lululemon Athletica Board Member RoAnn Costin and former Gap CEO Bob Fisher.
The funding will be used to grow the Weddington Way team, invest in innovation to enhance the collaborative commerce experience across devices and to drive Weddington Way's customer growth and brand development.
"Each new infusion of capital is also a tremendous vote of confidence in our business model, our technology, and the experience we're delivering to our customers – which is of paramount importance to us," said Ilana Stern, Founder and CEO of Weddington Way. "We are excited to have this added opportunity to continue to grow our team, and further expand our offering within the wedding space."
Weddington Way seeks to close the divide between traditional retail practices and millennial shoppers – an increasingly influential buying audience more than $600B strong. Founder Ilana Stern saw a need to deliver a more socially-driven e-commerce experience for millennial brides, who are busy, tech-savvy, and need to shop and communicate with friends and family around the globe. Weddington Way offers a uniquely collaborative, highly personalized platform for online shopping. The site recreates a completely interactive online shopping space for brides to find everything they need to plan their wedding style, with the help of their bridal party and other family members. Weddington Way shipped over 25,000 dresses to customers in 2013 and already exceeded that number in the first half of 2014. More than one million brides and bridesmaids have shopped together on Weddington Way since 2012.
"Javelin invests in innovative technology companies that are disrupting large industries," said Alex Gurevich, Partner at Javelin Venture Partners. "Weddington Way is overhauling the retail experience for weddings, and has created a truly interactive, collaborative shopping space for brides and bridesmaids. We believe Weddington Way is best positioned to disrupt the outdated wedding retail industry and become the premier wedding e-commerce destination."
"There is a major disconnect between what the traditional retail industry offers and what digitally-connected millennials want. In the bridal space, Weddington Way is the answer. It's simple, it's digital, and it's tasteful. It's a game-changer," said Andy Dunn, founder and CEO of Bonobos. "I think Ilana is a superb entrepreneur, and have been tracking her since she interned at Bonobos years ago. While digital models are exciting, they are incredibly defensible once they're built because the execution has to be incredible, and it rarely is. Weddington Way is off to an exceptional start and I'm excited to be investing for a second time in the company."
About Javelin Venture Partners:
With $335 million under management, Javelin Venture Partners is an early stage venture capital firm specializing in technology based start-ups that leverage key innovations to create scalable, high-growth companies. Javelin Ventures Partners is located in San Francisco, CA, but invests in start-ups throughout the world. Visit www.javelinvp.com.
About Weddington Way:
Based in San Francisco, CA, Weddington Way (www.weddingtonway.com) is a collaborative shopping site for wedding parties. Over one million brides and bridesmaids have shopped together on Weddington Way since 2012. Our mission is to become the "go to" brand for millennial women for everything they need to buy for their wedding. At Weddington Way, bridal parties can browse the largest assortment of bridesmaid dresses available online and share and discuss products in a virtual showroom. By offering a collaborative experience, personalization, and its signature line of ready-to-wear dresses, Weddington Way is differentiated from anything else that exists today to serve millennial brides.
SOURCE Weddington Way
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Mar. 27, 2015 05:00 PM EDT Reads: 2,904
Hosted PaaS providers have given independent developers and startups huge advantages in efficiency and reduced time-to-market over their more process-bound counterparts in enterprises. Software frameworks are now available that allow enterprise IT departments to provide these same advantages for developers in their own organization. In his workshop session at DevOps Summit, Troy Topnik, ActiveState’s Technical Product Manager, will show how on-prem or cloud-hosted Private PaaS can enable organ...
Mar. 27, 2015 04:45 PM EDT Reads: 659
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
Mar. 27, 2015 04:30 PM EDT Reads: 1,563
Modern Systems announced completion of a successful project with its new Rapid Program Modernization (eavRPMa"c) software. The eavRPMa"c technology architecturally transforms legacy applications, enabling faster feature development and reducing time-to-market for critical software updates. Working with Modern Systems, the University of California at Santa Barbara (UCSB) leveraged eavRPMa"c to transform its Student Information System from Software AG's Natural syntax to a modern application lev...
Mar. 27, 2015 04:24 PM EDT Reads: 277
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed...
Mar. 27, 2015 04:15 PM EDT Reads: 2,312
Business as usual for IT is evolving into a “Make or Buy” decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud busi...
Mar. 27, 2015 04:15 PM EDT Reads: 1,117
Businesses are looking to empower employees and departments to do more, go faster, and streamline their processes. For all workers – but mobile workers especially – utilizing the cloud to reconnect documents and improve processes without destructing existing workflows can have a dramatic impact on productivity. In his session at 16th Cloud Expo, Mark Grilli, vice president of Acrobat Solutions marketing at Adobe Systems Incorporated, will outline new ways that the cloud is changing the way peo...
Mar. 27, 2015 04:00 PM EDT Reads: 1,125
Sonus Networks introduced the Sonus WebRTC Services Solution, a virtualized Web Real-Time Communications (WebRTC) offer, purpose-built for the Cloud. The WebRTC Services Solution provides signaling from WebRTC-to-WebRTC applications and interworking from WebRTC-to-Session Initiation Protocol (SIP), delivering advanced real-time communications capabilities on mobile applications and on websites, which are accessible via a browser.
Mar. 27, 2015 04:00 PM EDT Reads: 1,639
SYS-CON Events announced today that Aria Systems, the leading innovator in recurring revenue, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Proven by the world’s most demanding enterprises, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, Telekom Denmark, and VMware, Aria helps enterprises grow their recurring revenue businesses. With Aria’s end-to-end active monetization platform, g...
Mar. 27, 2015 04:00 PM EDT Reads: 1,484
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes ...
Mar. 27, 2015 03:30 PM EDT Reads: 2,091
Are your applications getting in the way of your business strategy? It’s time to rethink your IT approach. In his session at 16th Cloud Expo, Madhukar Kumar, Vice President, Product Management at Liaison Technologies, will discuss a new data-centric approach to IT that allows your data, not applications, to inform business strategy. By moving away from an application-centric IT model where data integration and analysis are subservient to the constraints of applications, your organization will b...
Mar. 27, 2015 03:15 PM EDT Reads: 2,445
SYS-CON Events announced today that Akana, formerly SOA Software, has been named “Bronze Sponsor” of SYS-CON's 16th International Cloud Expo® New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Akana’s comprehensive suite of API Management, API Security, Integrated SOA Governance, and Cloud Integration solutions helps businesses accelerate digital transformation by securely extending their reach across multiple channels – mobile, cloud and Internet of Thi...
Mar. 27, 2015 03:15 PM EDT Reads: 1,348
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
Mar. 27, 2015 03:00 PM EDT Reads: 2,912
WSM International has launched a DevOps services division that offers assessment, consulting and implementation to large enterprises and organizations with complex infrastructures. The concept of DevOps is to blend information technology (IT) software development with operations to optimize the computing infrastructure according to the specific needs of the organization. According to a recent press release from Gartner, "By 2016, DevOps will evolve from a niche strategy employed by large cloud ...
Mar. 27, 2015 03:00 PM EDT Reads: 1,043
SYS-CON Events announced today that Solgenia will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between Personal and Professional S...
Mar. 27, 2015 03:00 PM EDT Reads: 2,616