Zaarly, the Online Bazaar with Impressive Investor Support, Has Raised $14.1 Million

The money was raised to increase its presence in additional markets.

With backing from Two and a Half Men star Ashton Kutcher, Zaarly was inspired by the concept of a traditional bazaar. Earlier this year, Bo Fishback, the company's co-founder and CEO, told Benzinga about this premise.

“People need a simple way to get what they want from people around them,” Fishback, explained. “With Zaarly, you can now get what you want from your local community – goods, services or a way to earn extra cash.”

Now Zaarly is $14.1 million richer, finally enabling the company to expand.

According to Business Insider, the Series A round was led by Kleiner Perkins Caufield & Byers and Sands Capital Ventures. Michael Arrington's CrunchFund, Artists and Instigators, Mark Ecko, CMEA and Venture51 also participated in this round of funding.

“Commerce between individuals happens all around us every single day,” Fishback said earlier this year. “But until now, the opportunity to discover who in your community might already have what you are looking for was lost in a sea of noise. Now, whether you are buying groceries, need to find a caterer, want a ticket to a sold-out playoff game or are looking to borrow a flatbed truck for the day, you can use Zaarly to find out if someone close by has what you're looking for.”

In other Zaarly news, Business Insider also reports that Meg Whitman, the former eBay (NASDAQ: EBAY) CEO and current Hewlett-Packard (NYSE: HPQ) chief executive, has joined Zaarly's board of directors.

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