Club W Gets $9.5M

Los Angeles-based subscription wine delivery company Club W announced this morning that it has raised $9.5M in a Series A funding, for the company's service which provides monthly delivery of wins to members. The startup said the funding was led by Bessemer Venture partners. The startup is led by Xander Oxman. According to Club W, the new funding will go towards product development, integration of its supply chain, and marketing initiatives. Club W has previously raised funding from Crosscut Ventures, Guild Capital, Siemer Ventures, 500 Startups, Amplify, and Brener International Group, plus Adam Goldenberg and Csaba Konkoly, among others. More information »