Transforming Network Infrastructure Industry News

[July 11, 2013]

Whitehawk Ventures (TouchOfModern) secures $3 million in Series A funding

Jul 11, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- Whitehawk Ventures, Inc. (doing business as TouchOfModern), a US-based online e-commerce site for design products in categories such as home, electronics and fashion accessories, has secured $3 million in Series A funding led by FLOODGATE Fund, LP with participation from existing investor Hillsven Capital.

Deal Value (US$ Million) 3 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2013-07-11 Deal Participants Target (Company) Whitehawk Ventures, Inc. (doing business as TouchOfModern) Deal Rationale The funding will help TouchOfModern to scale and grow the business, and continue developing features to enhance its members' shopping experience.

Additionally, TouchOfModern plans to add new design verticals and explore opportunities to expand internationally.

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