profitable.
Stefany Moore
Senior Editor, Research
Investors are taking notice, as the e-retailer secured $40 million in new funding this week, on top of $12 million it raised in November 2012. Investors are fond of NoMoreRack because it’s growing fast, Agarwal says, but also because it’s a lean operation that relies more on technology than it does manpower. So it’s very profitable, he says, though he wouldn’t disclose specifics. read more....
