//
What’s a dollar store worth? $30 million.
Hollar, a startup trying to bring the dollar store online, raised $30 million, its second major round of funding. The Series B round was led by Kleiner Perkins Caufield & Beyers, an early investor in Amazon.
The online marketplace for dollar-store goods had already raised $12 million in a Series A round, and this round brings its total funding to $47.5 million.
SEE ALSO: Instagram wants you to shop in its app
That’s a lot of money for a site where the goods start at $2.
Founded a year ago, Hollar sells toys and other fun dollar-store products through a website as well as iOS and Anroid apps. The site offers the experience of browsing in a dollar store, finding random products that you didn’t know you wanted. Read more…
More about Amazon, Ecommerce, Startups, Dollar Store, and Hollar
from Startups http://ift.tt/2eYN2BJ
