{"id":519564,"date":"2010-04-07T14:30:51","date_gmt":"2010-04-07T18:30:51","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=72295"},"modified":"2010-04-07T14:30:51","modified_gmt":"2010-04-07T18:30:51","slug":"gemvara-grabs-5-2m","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/519564","title":{"rendered":"Gemvara Grabs $5.2M"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/deals\/\">deals<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/funding\/\">funding<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/Internet\/\">Internet<\/a><\/div>\n<p>\t\t<strong>Erin Kutz wrote:<\/strong><\/p>\n<p>Lexington, MA-based <a href=\"http:\/\/www.gemvara.com\/\">Gemvara<\/a>, an online jewelry customization marketplace, has raised $5.2 million in Series B funding, led by returning investors Highland Capital Partners and Canaan Partners, the company announced today. Gemvara, which changed its name from Paragon Lake in February when it <a href=\"http:\/\/www.xconomy.com\/boston\/2010\/02\/12\/paragon-lake-out-to-ring-in-a-new-era-of-jewelry-customization-changes-name-to-gemvara-and-shifts-focus-to-the-web\/\">revamped its jewelry store-focused business as a direct-to-consumer website<\/a>, will use the new funding for marketing and improving customer experience. <a href=\"http:\/\/www.xconomy.com\/boston\/2010\/03\/25\/gemvara-ceo-steps-down\/\">CEO Deborah Besemer stepped down<\/a> last month, leaving founder Matt Lauzon in charge as the company looks for an executive with more e-commerce experience. The Series B financing brings Gemvara&#8217;s total funding pot to $11 million.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/04\/07\/gemvara-grabs-5-2m\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Gemvara%20Grabs%20$5.2M%20http:\/\/xconomy.com\/?p=72295\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/boston\/2010\/04\/07\/gemvara-grabs-5-2m\/&#038;t=Gemvara%20Grabs%20$5.2M\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/boston\/2010\/04\/07\/gemvara-grabs-5-2m\/email\/  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Gemvara+Grabs+%245.2M&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fboston%2F2010%2F04%2F07%2Fgemvara-grabs-5-2m%2F\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>\n\t\t\t<a href='http:\/\/d1.openx.org\/ck.php?bannerid=' ><br \/>\n\t\t\t<img src='http:\/\/d1.openx.org\/avw.php?bannerid=&amp;cb=464' border='0' alt='' \/><\/a><br \/>\n\t\t\t<br \/>\n\t\t\t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=ec49f8331330e8dcad3c790efda5b485&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=ec49f8331330e8dcad3c790efda5b485&#038;p=1\"\/><\/a><br \/>\n<!-- foo --><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/AmPXvoFkK2oiW6dc-XUEyJGcjiE\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/AmPXvoFkK2oiW6dc-XUEyJGcjiE\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/AmPXvoFkK2oiW6dc-XUEyJGcjiE\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/AmPXvoFkK2oiW6dc-XUEyJGcjiE\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/cc7IyNqIwXc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>deals, funding, Internet Erin Kutz wrote: Lexington, MA-based Gemvara, an online jewelry customization marketplace, has raised $5.2 million in Series B funding, led by returning investors Highland Capital Partners and Canaan Partners, the company announced today. Gemvara, which changed its name from Paragon Lake in February when it revamped its jewelry store-focused business as a [&hellip;]<\/p>\n","protected":false},"author":1661,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-519564","post","type-post","status-publish","format-standard","hentry","category-internet","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1661"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=519564"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519564\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=519564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=519564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=519564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}