Slice Raises $23 Million From Rakuten, Russia Partners, NPD, DCM, Lightspeed, and Innovation Endeavors

Posted Aug 23, 2013

Slice has announced today that they have raised $23 million in funding.  This round of funding was led by Japanese e-commerce company Rakuten.  Russia Partners and NPD Group also participated in this round along with existing investors DCM, Innovation Endeavors, and Lightspeed Venture Partners.

?Our massive growth over the past two years topped off with this round of financing validates our vision to solve consumer needs with services that go far beyond their expectations,? stated Slice CEO and co-founder Scott Brady. ?We will continue to execute on that vision by supporting and evolving our products, growing our team and extending our APIs to partners, all with the ultimate goal of making life easier for consumers.?

Slice launched their app in 2011 with a goal of simplifying online shopping.  Slice has parsed over 90 million items at a rate of 2 per second with a total purchase value of $2.7 billion.  The Slicen app lets you keep track of everything you buy online and automatically organizes your purchase history and receipts.  Slice also sends you push notifications when your package is en route for delivery.

Slice Bookshelf is a way to share and discover books with friends.  Slice Bookshelf syncs your e-mail inbox and pulls information from your past book purchases.  You can discover new content and lend among friends.