– Daily Grommet, a company
that operates an online marketplace and video review site, has raised $3.4
million in its first round of venture capital.

Investors in the deal include
Launch Capital, Jean Hammond, an investor and member of Hub Angels and
Launchpad Venture Group; John Landry, an angel investor at Lead Dog Ventures;
Nancy Peretsman, and Jill Preotle, the co-founder of the Boston Golden Seeds
forum and a private equity investor; and Gerry Laybourne, the founder of
Nickelodeon and Oxygen Media.

Lexington, Mass.-based Daily Grommet gives
businesses a social-media based distribution channel for launching products,
and allows users to suggest, support and buy new product ideas.

The company said
it will use the financing to support customer acquisition, scale up operations
and add to its team.


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