While American high-tech venture capital garners most international headlines, Vivino has surfed its way to consumer wine prominence atop a wave of Euro investment that tops $56.3 million. Other than a UK firm (still bre-Brexit) and unspecified angel-sized contributions from a U.S. fund organized by a group of professional athletes, the Vivino financial engine burns […]
SOMM star sued by Napa Valley event and tour company
May 30, 2018
Has SOMM star Dustin Wilson followed his verve across a forbidden legal line with his retail operation and associated businesses? Napa Valley luxury wine event and tour company founder Mary T. Beller thinks so. Beller, who owns Verve Wine Country LLC (aka Verve Napa Valley) has sued Verve Management LLC — owned by Wilson and […]
Wine.Com’s $140 million funding foundation takes #1 position in WII’s wine venture funding series
May 16, 2018
Wine.Com is truly the last company standing that grew out of the early bleeding edge of wine e-commerce. The current Wine.Com — and its total funding — is an outgrowth of eVineyard whose components along the way include Virtual Vineyards, WineShopper.Com, and a previous wine.com operation purchased by eVineyard.. In 2017 company statements, the current […]
List of top 50 wine business venture funding + Coravin #1in total financing
May 8, 2018
A note from Wine Industry Insight Publisher and Executive Editor Lewis Perdue about this article and the regular series to come: “As noted in the disclaimer in both charts below, we recognize that the data we have reluctantly extracted from our research into private fundings will always be incomplete thanks to the lack of transparency […]
Drinks.Com sues WineDirect alleging substandard shipping service; WD countersues
May 1, 2018
Drinks Holdings Inc. (DHI) — best known for its Drinks.Com direct wine sales — has sued ecommerce and fulfillment company, WineDirect (WD) in Los Angeles County Superior Court alleging breach of contract, fraud, misrepresentation, and unfair competition. The suit was brought by DHI and its allied company, Hemispheres against WD and its Chief Executive Officer […]