{"id":37582,"date":"2012-02-22T06:02:00","date_gmt":"2012-02-22T02:02:00","guid":{"rendered":"http:\/\/localhost\/?p=37582"},"modified":"2012-02-22T07:02:40","modified_gmt":"2012-02-22T03:02:40","slug":"teambuy-raises-5-million-and-settles-down-with-kids-baby-and-home-categories","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/teambuy-raises-5-million-and-settles-down-with-kids-baby-and-home-categories","title":{"rendered":"TeamBuy raises $5 Million and settles down with Kids &#038; Baby and Home categories"},"content":{"rendered":"<p><img decoding=\"async\" style=\"float: right;\" src=\"\/public\/cache\/company\/250x125\/14070_teambuyca_255255255.png\" alt=\"\" \/>Toronto&#8217;s <a href=\"http:\/\/www.teambuy.ca\/\">TeamBuy.ca<\/a> announced this morning that they have closed a $5 Million financing round from existing shareholders and will be using the funding to expand newly launched <em>Kids &amp; Baby<\/em> and <em>Home<\/em> categories.<\/p>\n<p>In July of 2011 TeamBuy raised $7 Million from an undisclosed institutional  investor.<\/p>\n<p>&ldquo;We&rsquo;ve re-imagined the daily deal business model to fit a customer who is demanding more comprehensive and customized shopping,&rdquo; says Ghassan Halazon, CEO, TeamBuy.ca. &ldquo;Our current vertical offerings already account for nearly 35 per cent of our business and with the launch of the new Kids &amp; Baby and Home sections on TeamBuy, we anticipate that this will rise to at least half of our overall product mix in the year ahead.&rdquo;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto&#8217;s TeamBuy.ca announced this morning that they have closed a $5 Million financing round from existing shareholders and will be using the funding to expand newly launched Kids &amp; Baby and Home categories. In July of 2011 TeamBuy raised $7 Million from an undisclosed institutional investor. &ldquo;We&rsquo;ve re-imagined the daily deal business model to fit [&hellip;]<\/p>\n","protected":false},"author":54503,"featured_media":37584,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-37582","magazine","type-magazine","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/37582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/54503"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/37582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/37584"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=37582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=37582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=37582"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=37582"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=37582"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=37582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}