Social Shopping Startup Little Black Bag Raises $8 Million

What's Next In Payments®
3:23 PM EDT August 16th, 2012

Little Black Bag, an eCommerce company with heavy social integration, has raised $8 million in equity backing, All Things D reports.

On the site, Little Black Bag customers are able to purchase exactly that — a “little black bag,” filled with surprise fashion products. Buyers can then go online to trade the products they don’t want with other users.

The company has raised nearly $11 million in backing to date, the report says.

Read the full story here.

Comments
Also by This Author
What's Hot
News
Square Launches Register App Platform
News
Etsy Debuts mPOS Solution
Merchant Innovation
Ron Johnson’s New Company To Focus On Shopper Decisions
B2B Payments
WEX and Sinclair Oil Strike Long Term Contract
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Tungsten Spent $6.5 Million for DocuSphere
Company Spotlight
Inside the Future of Commerce, Post Apple Pay
Alternative Financial Services
Death Threats, Fraudsters and Lawsuits
News
How to Overcome the 10 Most Common Cyber Threats
View All Articles ››