Zaarly Raises $14.1M in Series A Funding

Zaarly, a San Francisco, CA-based mobile commerce start-up, has raised $14.1m in Series A funding.

The round was led by Kleiner Perkins Caufield & ByersiFund and Sands Capital Ventures, with participation from CMEA, Venture51, Crunchfund, Marc Ecko, and Artists and Instigators.

In conjunction with the funding, John Suliman of SCV and Chi-Hua Chien of KPCB have joined the company’s board, along with HP CEO and former eBay CEO Meg Whitman.

Led by CEO and co-founder Bo Fishback, Zaarly provides users with mobile apps (Android and iPhone) and a website to buy and sell products, services/tasks and experiences with other people in their neighborhoods through a mobile, local marketplace.

It is available in New York, San Francisco, Kansas City, Atlanta, Austin, Boston, Los Angeles, Chicago, Charlotte, Washington DC and Seattle.

http://vimeo.com/23653618

Zaarly is also backed by Ashton Kutcher, Felicis Ventures, Bill Lee, Naval Ravikant, Lightbank, SV Angel, Paul Buchheit, and Thrive Capital.

FinSMEs

25/10/2011

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