{"id":76005,"date":"2016-12-06T11:30:58","date_gmt":"2016-12-06T16:30:58","guid":{"rendered":"https:\/\/techvibes.com\/?p=76005"},"modified":"2016-12-06T11:15:00","modified_gmt":"2016-12-06T16:15:00","slug":"hubba-raises-large-series-b-round","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/hubba-raises-large-series-b-round","title":{"rendered":"Hubba Raises Large Series B Round to Usher in “New Era for Brands”"},"content":{"rendered":"

\u00a0Hubba has raised a sizeable Series B round. The <\/span>business network for retailers secured “close to” $45 million, suggests The Wall Street Journal<\/a>, in a round led by Goldman Sachs Investment Partners with additional participation from existing investors Real Ventures, Kensington Venture Fund and Brightspark Ventures.<\/span><\/p>\n

With a network of 40,000 companies, Toronto’s Hubba<\/span> facilitates thousands of commercial connections daily and has become a prevalent online destination for brands to showcase their products to retail buyers and for retail buyers to discover new brands<\/span>. <\/span><\/p>\n

\u201cWe have seen remarkable growth of our network in 2016,\u201d says Ben Zifkin, CEO of Hubba<\/span>. \u201cThis is a huge testament to Hubba<\/span>\u2019s community of quality brands and the value they capture from being on our network.\u201d <\/span><\/p>\n

Hubba<\/span> says it will use the proceeds of the Series B funding round “to provide even greater value for its community members.”
\n<\/span><\/p>\n

\u201cWe are entering a new era for brands,\u201d says Zifkin, \u201cWe are very focused on helping these amazing companies grow their businesses to a whole new level.\u201d <\/span><\/div>\n
<\/div>\n
Members use Hubba<\/a> to manage and share product information with their trading partners to help increase visibility and drive sales.<\/span><\/div>\n

\u201cWe are seeing seismic shifts in the world of commerce,\u201d says Ian Friedman, co-head of the Venture Capital and Growth Equity team at Goldman Sachs Investment Partners. \u201cWe believe Hubba<\/span>\u2019s centrality in facilitating this discovery process positions them well to become the leading trusted platform enabling interactions between brands, retailers and influencers.\u201d<\/span><\/p>\n

Hubba raised a seed round in 2014<\/a> and in 2015 raised a Series A round<\/a>.<\/p>\n

https:\/\/borndigital.com\/2016\/09\/23\/killer-spaces-hubba-toronto<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0Hubba has raised a sizeable Series B round. The business network for retailers secured “close to” $45 million, suggests The Wall Street Journal, in a round led by Goldman Sachs Investment Partners with additional participation from existing investors Real Ventures, Kensington Venture Fund and Brightspark Ventures. With a network of 40,000 companies, Toronto’s Hubba facilitates […]<\/p>\n","protected":false},"author":55555,"featured_media":72801,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-76005","magazine","type-magazine","status-publish","has-post-thumbnail","hentry","category-News"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/76005","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\/55555"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/76005\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/72801"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=76005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=76005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=76005"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=76005"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=76005"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=76005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}