January 19, 2001, 12:00 AM

An $8 Million Buzz

FanBuzz.com, a provider of e-commerce solutions to the sports team and league licensed industry, has closed an $8 million round of financing led by Housatonic Partners, Boston. The terms of the transaction were not disclosed, says the Minneapolis-based e-retailer of fan licensed merchandise. Other investors in FanBuzz.com include Peterson Ventures, Trust Investments and GlobalNet Management.

The company says it will use the new capital "to expand its leadership position in the marketplace," says FanBuzz.com CEO Scott Killian. He adds that it will continue to invest in infrastructure that supports client storefronts, including a new call center, additional technology and its e-fulfillment operations.

FanBuzz.com clients include the National Hockey League, the Chicago White Sox, the Heisman Memorial Trophy, Fox Sports, USA Today, Fogdog Sports and others, it says.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Will Devlin / E-Commerce

Three simple steps to reducing shopping cart abandonment

Payment options, a shopping cart that holds a customer’s items while she ponders the purchase ...

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

Advertisement