OpenSky.com, a New York, NY.based operator of an online destination that allows members to design their ideal shopping experience, has raised $30m in funding.
The round was led by new investor Providence Equity Partners, with participation from existing investors Highland Capital Partners, Canaan Partners and The Raine Group.
Led by founder and CEO John Caplan, OpenSky is designed to allow members to create ideal shopping site by choosing from 75 food, style, health and design experts, who provide daily recommendations on merchandise.
Launched on April 5, 2011, the website has attracted over 600,000 members The company is currently continuing to expand its network of expert curators in existing categories food, style, health and home, as well as expand into new categories.
In conjunction with the funding, Al Dobron a Managing Director at Providence, will join OpenSky’s Board of Directors.
FinSMEs
24/10/2011