Mercantila lands $1M for retail site network

June 11, 2009 | Camille Ricketts | Comments | |

Mercantila, a San Francisco-based portal of related specialty retail web sites, has brought in $1 million in convertible notes from an undisclosed source. By “specialty” the company means niche — offering a springboard for e-commerce sites selling items like dog beds, massage tables, recumbent bikes, espresso machines and the like. All of these stores fall into four categories: home & kitchen, patio & garden, fitness & sports, and kids & baby — hardly everything you could ever want, but not a bad start.

Mercantila previously raised financing in 2006 from Lightspeed Venture Partners.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.

  • mad
    This company is a fraud. I have reported them to the BBB. Just google Mercantila and you'll see.
    I was charged for a wine cabinet in March that I still have received...3 MONTHS LATER. No one knows where it is!
  • ex
    1m convertibles for a 50m sales company after two rounds of financing and several rounds of layoffs ... sounds desperate and smells like a change of ownership
  • Mel Davis
    This company is criminal in their unethical practices. They need to be shut down. It is amazing how difficult it is to bring attention to the criminal practices they seem to get away with. They charged me $445 on my credit card and never delivered the product and will not refund my money. Stay away from them. Shut them down and put them out of business.
  • meldavis
    This company is criminal in their unethical practices. They need to be shut down. It is amazing how difficult it is to bring attention to the criminal practices they seem to get away with. They charged me $445 on my credit card and never delivered the product and will not refund my money. Stay away from them. Shut them down and put them out of business.