US media group Liberty owns 65% of social commerce site Lockerz with new funding.
Lockerz.com, a US-based invitation-only social commerce site for people aged between 13 and 30, has raised an undisclosed amount of venture capital from venture capital firm Kleiner Perkins Caufield & Byers and Nasdaq-listed Liberty Media’s Interactive division. Liberty on its website said it owned 65% of Lockerz.
Last month, Liberty said it would hive off its Liberty Capital and Liberty Starz units that also own minority equity stakes in third parties, such as Time Warner, and leave Liberty Interactive as…