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.