MyWebGrocer No Longer Bootstrapped

Posted by Tom Blue on August 14, 2009 under Companies, Funding | Be the First to Comment

TechCrunch is reporting that mywebgrocer just received $10M in funding.  This is a 10 year old company and it is very rare for a bootstrapped company that is profitable to take venture capital money.  I assume they saw an opportunity to really grow with some capital.  It would be interesting to see their term sheet.