nternet Diamonds Secures $32 Million in Funding
By Chaim Even-Zohar Contributing Diamond Editor
Web Posted: Nov. 4, 1999. Appears in the Dec. 1 issue.
New York (Nov 4, 1999)-Internet Diamonds, an e-commerce site for diamonds and diamond jewelry, has secured a total of $32 million in funding. Key investors are the venture capital firms Weiss, Peek & Greer Venture Partners, Integral Capital Partners, Comdico Ventures, Kleiner Perkins, Caufield & Byers, Trinity and Bessemer. "This new round of funding enables us to provide more products and services to our customers and to extend our lead in the online fine jewelry space," said Mark Vandon, CEO and co-founder of Internet Diamonds. Internet Diamonds has been online since 1995 and began its e-commerce operations in August. The site has 10,000 diamonds available and includes information about diamonds and diamond jewelry. |