In an announcement by Wanderful Media today, it disclosed that it was able to secure an additional US$9 million capital from its current investors. The infused capital resulted to an overall US$36 million available funding which comes after the launch of its entirely reinvented Find&Save system.
Wanderful Media is a Silicon Valley based company that delivers newly modified online discovery shopping. At present, Wanderful Media's exponential growth is brought about by Find&Save, since it gives the storeowners an established manner to entice the normal shoppers to purchase online while having the same experience in traditional shopping. Besides the online shopping system, the user is kept updated with the latest inventory as well as have a platform where buyers can compare notes with fellow shoppers through the use of the web, with tablet and mobile platforms.
According to Chief Executive Officer of Wanderful Media Ben T. Smith, "The retail and shopping landscape is evolving and Wanderful Media's decision to 'double-down´ on mobile and social has pushed us to the forefront of innovation in this area." Mr. Smith further added, "The latest round of funding emphasizes the enthusiasm from our core group of investors in the market potential and in our overall product strategy."
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