LuxeYard Gets Funding

Los Angeles-based LuxeYard, which operates a flash sales site focused on home furnishing and decor, said today that it has scored what it says is its first round of funding, to help expand in India. The company--which now is listed on the OTC markets--did not disclose the amount of funding, but said the funds came from Indian e-commerce entrepreneur Sashi Chimala, and local Los Angeles developer REGARD Venture Solutions. REGARD is the software incubator and development firm headed by Steve Beauregard. More information »