Benchmark Capital announced today that it is pumping $15 million (US$) into Nordstrom.com. The venture is one of the Menlo Park, California firm’s largest investments ever in a single company. “Benchmark is extremely excited to be working with Nordstrom.com, a company whose brand and customer service reputation have stood the test of time,” said Benchmark general partner Bill Gurley.
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Benchmark Capital Pumps $15 Million into Nordstrom.com
Posted by: Chet Dembeck August 25, 1999 12:00 AMBenchmark Capital announced today that it is pumping $15 million (US$) into Nordstrom.com. The venture is one of the Menlo Park, California firm’s largest investments ever in a single company. “Benchmark is extremely excited to be working with Nordstrom.com, a company whose brand and customer service reputation have stood the test of time,” said Benchmark general partner Bill Gurley.