Accel Leads $30M Round In Flash Sales Site For Wine And Gourmet Food Lot18

Lot18, the Gilt Groupe for wine, wine accessories and gourmet food, has raised $30 million in Series C financing led by Accel Partners with existing investors New Enterprise Associates and FirstMark Capital participating. Accel partner Sameer Gandhi will join Lot18?s board of directors. The members-only flash sales site launched a year ago to give consumers access to high-quality, curated wines, made available in small quantities and limited runs. Lot18 has since expanded to include wine and bar accessories (i.e. glasses, decanters), gourmet and artisanal foods, and even travel excursions.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ieu0an7ydHw/

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