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[April 10, 2013]
Barkbox raises $5 million in venture funding
Apr 10, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- BarkBox, Inc., a US-based subscription based e-commerce and content company serving dog owners, has secured $5 million in venture funding led by RRE Ventures LLC.
Existing investors Lerer Ventures, Polaris Venture Partners, 500 Startups and Bertelsmann SE & Co. KGaA also participated in the funding round.
Deal Value (US$ Million) 5 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2013-04-09 Deal Participants Target (Company) BarkBox, Inc.
Acquirer (Company) Bertelsmann SE & Co. KGaA Deal Rationale BarkBox will use the funds to build canine-related businesses including BarkPost, a dog-specific version of BuzzFeed's animals website, and BarkCare, a service that gives dog owners access to vets for consultations online and over the phone.
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