StepUp takes $6.6 million
StepUp Commerce, the San Francisco local shopping site, has closed a round of funding. Allegis Capital and Granite Ventures LLC led the $6.6 million round, which also included participation by the company's previous investors. StepUp is an Internet shopping site that lets shoppers see what goods merchants have in stock. Merchants big and small send inventory data feeds to StepUp so the site can stay fresh. StepUp was one of the companies that helped Google test Google Base. StepUp uploads its product data feeds to Google so the products will show up in Base and Froogle. StepUp launched in August of 2004. Bob Ackerman and Standish O'Grady, managing director of Granite Ventures, join the board.
http://www.siliconbeat.com/cgi-bin/mt331/mt-tb.cgi/957
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I like their concept but their system doesn't seem to be perfect yet.
http://internetbrowser.org/blog/2005/12/step-up-what.html
--An avid Internet browser
InternetBrowser.org on December 13, 2005 3:56 PMComment link
I like their idea but their system does not seem to be perfect yet.
http://internetbrowser.org/blog/2005/12/step-up-what.html
--An avid Internet browser
InternetBrowser.org on December 13, 2005 3:59 PMComment link
This seems to be a localized marketplace. How different is it from Cairo?
Helen Wang on December 13, 2005 5:17 PMComment link
If I recall correctly, Cairo is focused mostly on helping consumers find local sale items.
Michael Bazeley on December 13, 2005 6:00 PMComment link
I assume they must have had some interesting roadmap to get that funding, because the site as it is now is really not very good (nor is it innovative).
Matt on December 13, 2005 6:22 PMComment link
So if they're relaying merchant feeds to Google Base, and Froogle now has its own "find it at a local store" feature, what's the future for stepup in a Google world?
greg on December 14, 2005 8:16 AMComment link
