Tuesday, November 30, 2010

Facebook E-Commerce Platform Payvment Raises $6 Million

Payvment, a startup that allows anyone to create and operate a retail storefront on Facebook, has raised $6 million in Series B funding led by Sierra Ventures with a BlueRun Ventures participating in the round. This brings the startup's total funding to $8 million. Payvment?s Facebook App lets anyone create a retail store on the social network. The app lets you set up products, categories of products (i.e. shoes, T-shirts, sweaters), import photos, list terms of service and shipping options and more. Once you set up your online shop on Facebook, it will show up in a separate tab on your profile or page under ?storefront?.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-MjPiBf7XXY/

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