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Tech Industry

Short Take: OurHouse.com nabs $62.4 million investment

Ace Hardware-backed OurHouse.com announced today that it has received $62.4 million in fourth-round equity funding. J & W Seligman & Co., Liberty Digital and Meritech Capital Partners led the round, supplying a little more than half the investment, OurHouse.com chief financial officer Peter Stelian said. The Evanston, Ill.-based company will use the money to fund marketing, potential partnerships and technology investments, Stelian said.

    Ace Hardware-backed OurHouse.com announced today that it has received $62.4 million in fourth-round equity funding. J & W Seligman & Co., Liberty Digital and Meritech Capital Partners led the round, supplying a little more than half the investment, OurHouse.com chief financial officer Peter Stelian said. The Evanston, Ill.-based company will use the money to fund marketing, potential partnerships and technology investments, Stelian said.