Montreal’s Beyond The Rack secures $10 Million more

Montreal ecommerce retailer Beyond the Rack has just announced that it has secured $10 million in debt financing from Silicon Valley Bank. A facility is an agreement to advance money to a company in order to accomplish a specific activity.They

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Ecommerce Deals site Zulily files for IPO, publishes operational details, expanding to Canada

Zulily, is a popular flash-sales site in the US focused on children’s items. Similar to Beyond The Rack or Gilt except the focus is on the kids industry. Earlier in October it filed for an IPO. In its Form S-1,

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TeamBuy expanding beyond Daily Deals, into ecommerce

As has been mentioned many times before, Deal sites that mature their offering to include other deal types beyond simply daily deals will be able to capture more attention from consumers nowadays. If a daily deal site is popular enough

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