StoreRunner first online shopping sites on the Web, offering a wide selection of products and services from the most trusted retailers.
Business Model: B2C
Revenue: $0
Employees: 51-200
Address:
City: San Diego
State: California
Zip:
Country: United States
In late 1998, StoreRunner.com launched as one of the first online shopping sites on the Web, offering a wide selection of products and services from the most trusted retailers, with technologies enabling users to shop online or in their own neighborhoods. In early 1999, CBS committed over $100 million in promotional support to StoreRunner in exchange for an equity stake in the business. This investment allowed StoreRunner to promote its brand across all CBS&s; television, radio, outdoor and interactive media properties, rapidly accelerating StoreRunner&s;s appeal to shoppers and merchants. In May of 2000, after months of consumer research and testing, StoreRunner re-launched its own branded site with an entirely new look and feel, improved navigation, advanced search functionality, enhanced data feed capabilities for large retailers and catalogers, a suite of e-Commerce-enabling tools for small-to-mid size businesses, and an expanded database of over 1 million products in over 8,000 different categories.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2000 | Venture Round | 5 | - |
Compaq CBS Entertainment Philip Anschutz Polaris Ventures TMCT Ventures Compaq CBS Entertainment Philip Anschutz Polaris Ventures TMCT Ventures |
7/2000 | Venture Round | 5 | - |
CBS Entertainment Compaq Philip Anschutz Polaris Ventures TMCT Ventures CBS Entertainment Compaq Philip Anschutz Polaris Ventures TMCT Ventures |
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