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B2B Online marketplace receives $21M

Staff -- Home Textiles Today, 12/4/2000

MCLEAN, VA -Three major giftware market producers, who collectively represent an estimated 70 percent of the gift and home industry's market share, have invested $21 million in Whereoware.com, a business-to-business e-commerce marketplace that serves to the gift and home industry.

The three investors are: Crow Holdings, owner of Dallas Market Center; dmg world media; and George Little Management LLC. This alliance is expected to help create a central Internet resource for industry suppliers, retailers and sales representatives to participate and conduct business online.

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