Glyde Receives $6M Series A Equity Financing

Glyde Corporation, a Palo ALto, CA-based company, whose mission is to democratize eCommerce, has received a $6m series A equity financing.
Charles River Ventures, a venture capital firm with offices in Boston, MA, and Menlo Park, CA. led the round.
Glyde, which was founded by Internet veterans from eBay, AOL and Excite, has created an efficient secondary market for used books, CDs, DVDs and video games.
To achieve its mission to democratize eCommerce, the company is committed both to making online buying and selling safe, simple and accessible to everyone, and to making it easy for users to donate part or all of their proceeds to charity.
Under this point of view, sellers can donate all or part of their proceeds to their favorite charity during the listing process with a single click.
Glyde unveiled, a beta version of its online marketplace.

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