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Vinfolio Raised $4.5 Million for an Online Wine Store
August 24, 2007
Vinfolio raised $4.5 Million from private investors.
What does Vinfolio do?
Vinfolio is an online wine store, cellar management software and services related to wine.
Vinfolio sells fine wine and services to wine collectors and enthusiasts. Vinfolio provides free online cellar management software call VinCellarâ„¢. Vinfolio not only offers the website but also collector services including on-site inventorying and full-service storage.
As a collector or owner of wine you may sell your wine to Vinfolio as they stock their inventory from collectors as well as traditional means. Vinfolio was founded in 2003 and believes that 60% of its retail wine sales driven from the supply of fine wine sourced from private wine collections.
See the Vinfolio website.
Read more about Stephen J. Bachmann here
Technorati: venture capital