Venture Capital News: Tablesets Raises Funding
2014-04-03
MIAMI, FL, Tablesets has received a personal investment from Weihua Yan.
tablesets (www.tablesets.com) today announced that Weihua Yan, Chief Technology Officer of e-commerce company Quidsi has made a personal investment in the company and has joined tablesets as a strategic advisor.
Upon launch, tablesets will be an online retail platform for all things tabletop that connects people seeking extraordinary dining and entertaining ideas with its expert community of tablesetters. The tablesetter community is comprised by interior designers and decorators, wedding and event planners, caterers, chefs, photographers and all those who share a passion for transforming tables.
Wei was part of the founding team of Diapers.com and has served as its CTO since 2005. Diapers.com was renamed Quidsi and was sold to Amazon in 2011 for $500 million. Prior to joining Quidsi, Wei served as President of Suryani International, a web application development company with a focus on e-commerce platforms, for more than ten years. At Suryani, Wei developed the original system that enabled Diapers.com to manage its entire operation through a web-based system.
Diego Fernandez, Co-Founder and CEO of tablesets said, 'We are excited to have Wei onboard both as an investor and advisor. He has devoted his career to developing and managing top-of-the-line technology offerings that enable companies to better serve their customers. He brings a deep understanding of the online retail space, as well as the expertise necessary to help us scale our business. As a pioneer in the field, his investment and partnership is a true vote of confidence.'
'I firmly believe tablesets will be the go-to destination for those seeking to enhance their tables in any way,' Wei said. 'In addition, tablesets is firmly positioning itself as a leader in a dynamic space within the home decor market, which has tremendous room for growth both in the U.S. and abroad. What attracted me the most to the company, however, was their approach of combining technology and community-based inspiration to better serve its customers. I am very pleased to have the opportunity to contribute to the development of tablesets.'
About tablesets:
Established in 2014, tablesets is an online retailer for all things tabletop. tablesets provides customers with a dynamic interface powered by a community of experts that greatly enhances the experience of purchasing tabletop items online while providing a marketplace for brands and independent retailers from around the world. Based in Miami, Florida, with a retail location and operations in Huntington, New York, tablesets is backed by venture capital firm PeopleFund and by leading industry pioneers.
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