Quarterly Raises $1.25M

Los Angeles-based subscription commerce service Quarterly has raised $1.25M in a Series A funding round, which was led by True Ventures, SV Angel, Initialized Capital, Collaborative Fund, according to VentureWire Friday. Former Redbox president Mitch Lowe is joining the firm's board with the funding. The funding had already been uncovered by socalTECH in March. Quarterly delivers a mystery collection of "wonderful things" every three months from celebrities and others, curated in their style. More information »