
Zaarly, a start-up that helps users outsource their errands, announced Tuesday that it had closed a $14.1 million financing round led by Kleiner Perkins and Sands Capital Ventures. The company has now raised a total of $15.1 million over two rounds of financing, and says it will use the money for technical development and to expand operations.
The company also announced that former CEO of Hewlett-Packard and eBay Meg Whitman is coming on board. “She joined eBay when it was almost the exact same size Zaarly was, 30 people,” Bo Fishback, Zaarly’s CEO and founder, told reporters. “In the world of building marketplaces, building trust and engaging in the community, there’s no one better than her.”
After a round of beta testing in Austin, Texas, Zaarly was launched in May of this year. The company now claims that more than 100,000 users have posted $6 million in transactions to the site. Zaarly is going to tap Whitman’s experience as the company tries to expand into larger markets.
“Until now, our main goal was to get it up and running,” Fishback said. “Now, we have to figure out how to really nail a hyperlocal technology company.”
Read more at The New York Times.




