Optima Ventures has set up Optima E-Commerce to invest in Octagon Commerce, which now owns the 1SaleADay.com daily deal website and its subsidiaries with 1.5 million customers.
Optima International, a private US-based conglomerate, has used its affiliated corporate venturing and property unit to invest in an online discount coupon provider.
Optima Ventures has set up Optima E-Commerce to invest in Octagon Commerce, which now owns the 1SaleADay.com daily deal website and its subsidiaries with 1.5 million customers. News provider VentureBeat said Optima’s investment was worth more than $10m.
Ben Federman, founder and chief executive (CEO) of 1SaleADay, said: "1SaleADay.com has experienced phenomenal growth over the past year-gross…
