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Emerson Ventures

Social Commerce Provider Shopit Gets $2.5 Million Second Round

Oct 24, 2008 1:50 PM

Peer-to-peer social commerce company Shopit has secured $2.5 million in the first tranche of a second round of financing. New investor Emerson Ventures joined the round—which Shopit hopes will ultimately close at $7 million—along with previous investor Propulsion Ventures. The LA-based company develops apps that let users buy and sell…

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Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, emerson ventures, propulsion ventures, shopit

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