Tag Archives: Dana Stadler
Mobile Payment Company Zong Raises $15 Million
Zong.com is a mobile payments company that has raised $15 million in a round of funding led by Matrix Partners. Zong is essentially a company that allows you to make purchases through mobile devices and cell phone bills. Zong is often times used to pay for goods on Facebook. Dana Stadler, a General Partner at Matrix will be joining the Board of Directors at Zong as a result of the funding.
Categories Dana Stadler, Matrix Partners, Zong.com
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Polyvore Raises $5.6 Million From Matrix Partners
Polyvore is a fashion website that has a drag and drop interface for mixing and matching clothes from different stores. Polyvore recently raised $5.6 million in capital from Matrix Partners. Dana Stalder of Matrix will be joining as a Board member of Polyvore.
The previous round of funding that Polyvore had was $2.5 million from Benchmark Capital and other angel investors. Stadler joined Matrix last year after previously working at PayPal.
“I think e-commerce as it has been done for the last 10 to 15 years on the Internet doesn’t work particularly well for soft goods — people are buying books the same way they’re buying skirts online,” stated Stadler. “This site has the ability to revolutionize e-commerce and the apparel category.”
Categories Benchmark Capital, Dana Stadler, Matrix Partners, Polyvore
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