Furniture.com Launches Multimillion-Dollar Brand Campaign
Online furniture retailer Furniture.com, which just closed on $35million in third-round financing, launched a multimillion-dollar brandinginitiative and a promotional deal with Yahoo!.
Online furniture retailer Furniture.com, which just closed on $35million in third-round financing, launched a multimillion-dollar brandinginitiative and a promotional deal with Yahoo!.
Online furniture retailer Furniture.com, which just closed on $35 million in third-round financing, launched a multimillion-dollar branding initiative and a promotional deal with Yahoo.
The national radio and newspaper advertising campaign kicked off last month in over a dozen of the largest cities around the United States. Spending specifics were not disclosed. Separately, Furniture.com announced a marketing agreement with Yahoo The agreement promotes Furniture.com to Yahoo’s users via advertisements and special promotions running throughout the Yahoo network of properties. Spending was not disclosed.
The latest round of financing, led by Amerindo Investment Advisors, includes investments by Group Arnault; RRE Investors LLC; Trellus Management LLC; and a European family group advised by Barnard & Company LLC; as well as prior round investors, including @Ventures, the venture capital affiliate of CMGI Inc.; Bessemer Venture Partners; Brand Equity Ventures; and Comdisco Ventures. The placement agent was Thomas Weisel Partners, LLC.
The new financing brings the total capital raised by Furniture.com, including its first round in June 1998, to more than $50 million.
“The additional capital puts us in an even stronger market position with ample resources to extend our brand and build market share,” said Furniture.com Inc. CEO Andrew L. Brooks. ” Shortly, we will release a series of major announcements including the signing of new strategic relationships, and the launch of multiple new services and features. . .”
More about:
Lucy helps organizations leverage knowledge for in... View Tech Talk
TVSquared is the global leader in cross-platform T... View Tech Talk
Grata is a B2B search engine for discovering small... View Tech Talk
Streaming has become a staple of US media-viewing ... Download Now
Data is the lifeblood of so many companies today. ... Download Now
This report documents the findings of a Fireside c... Download Now
Customers decide fast, influenced by only 2.5 touc... Download Now
Streaming has become a staple of US media-viewing habits. Streaming video, however, still comes with a variety of pesky frustrations that viewers are ...
View resourceData is the lifeblood of so many companies today. You need more of it, all of which at higher quality, and all the meanwhile being compliant with data...
View resourceThis report documents the findings of a Fireside chat held by ClickZ in the first quarter of 2022. It provides expert insight on how companies can ret...
View resourceCustomers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...
View resourceMarketers today need to thoughtfully select visuals that align with their content, boost SEO performance and drive ROI Read More...
View articleHow the sunglasses giant created subconscious brand recall value with music festival-goers through the power of strategic partnerships and experientia...
View articleIn life, as much as on LinkedIn (or Facebook, Twitter, etc.) people and brands who blabber on about themselves become annoying and best avoided, soone...
View articleBuilding trust in your brand is hard enough. Now take a situation where your audience is so cynical of your product offering some of them even call fo...
View articleThere is room for better lead capturing as ABM evolves in a cookieless world Read More...
View articleTop-of-mind action points that will be valuable to challenger brand marketing for the rest of 2021 and 2022 Read More...
View articleOmnichannel marketing presents an opportunity to marketers but requires better use of data Read More...
View articleThe dark horse your business needs to outperform competition and win at search Read More...
View article