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Here’s more on those and other midweek venture deals in the Bay Area:
Funding:
• Silver Peak Systems Inc., Santa Clara, $90 million: Technology Crossover Ventures made this late stage investment in this 14-year-old provider of software-defined networking technology. (Read more here.)
• B-Stock Solutions Inc., Belmont, $65 million: Spectrum Equity provided a private-equity round of funding for this online auction platform for returned, excess and other liquidation inventory.
What makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…