Thursday, November 3, 2016

Hollar Finds $30M For Mobile Deal Marketplace

Los Angeles-based Hollar, a startup which offers up a mobile marketplace featuring "dollar store" type products and deals, has raised $30M in a Series B funding, the company announced this morning. The funding was led by Kleiner Perkins Caufield & Byers, and also included Comcast Ventures and Greycroft Partners, plus Lightspeed Venture Partners, Index Ventures, Forerunner Ventures, and Pritzker Group. In an interesting move, the company said it will use the funding to expand its footprint, by moving its warehouse and corporate offices to the former facilities of 99 Cents Only Stores. The company says it has now raised $47.5M in total. Hollar's products start at $2 each. The company's co-founder and CEO is David Yeom. More information »

---