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Zulily Finalizes $43 Million Round of Series C Funding.

Entertainment Close-up August 17, 2011 Zulily, a website offering daily deals for moms, babies and kids, announced it has received $43 million in funding.

According to a release, Meritech Capital Partners, the preeminent late-stage investment firm behind several successful Internet companies such as Facebook, Zipcar, and PopCap Games, led the investment with participation from existing investors. This latest round brings the total funds raised to date to $53.6 million. here zulily coupon code

Zulily will use the additional capital to hire more employees and fund other marketing and growth initiatives. In conjunction with the financing, Zulily is expanding its board to include Craig Sherman of Meritech.

Meritech Capital Partners is a provider of late-stage venture capital to category-defining private technology companies and has been one of the top performing venture firms of the past decade. site zulily coupon code

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