Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

9Diamond Lands USD 10 mln VC Funding

China Securities Journal, 2/27/08

Online diamond retailer 9Diamond has announced today that it has landed over USD 10 mln in venture capital from Kleiner Perkins Caufield & Byers (KPCB), Qiming Venture Partners, Zero2IPO, and US-based online diamond trade firm Rapaport. The company added that, when the time is right, it will pursue a domestic IPO.

9Diamond was established in March 2005 and has achieved compound growth of 300% over the past three years. Products sold by the company are 30% - 70% below the average market price.

Keywords: 9Diamond VC funding KPCB Rapaport IPO e-commerce Internet Zero2IPO

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports