San Francisco – Storenvy, a social marketplace and provider
of online store-building tools for indie brands, on Thursday announced the
closing of $1.5 million in new financing, led by Spark Capital and First Round

Kleiner Perkins Caufield and Byars, Charles River Ventures and angel
investors including David Cohen, John Maloney, David Cancel, David Hauser and
Siamak Taghaddos also participated.

San Francisco-based Storenvy provides a
free platform which independent merchants can use to build online stores on
social networks.

Storenvy has been used to create 2,800 online stores, and
counts a community of 60,000 shoppers.

The company will use the funds to expand
its team.


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