GOOGLE invested in Shopin! https://www.fierceceo.com/human-capital/eran-eyal-ceo-shopin-taking-retail
Shopin has received $43 million in financing from firms such as Galaxy Investment Partners, Nima Capital, Passport, Block One Capital and Outbound Ventures, plus angel investors from Google, ZocDoc, the founders of DocuSign and Wiser. About 70 people, including contractors, work for the company, which is starting with the fashion and cosmetics industry before moving into home goods, technology and publishing.
“We realized that this is a very ambitious project,” Eyal said, and that requires a carefully curated team. “If you can’t execute, it’s not the place for you,” he said. “We are a startup that is solving a very ambitious problem. We need a tremendous amount of people in order to solve it.”